United States · Bill · HR
H.R. 2225 (114th)
PRIMED Act
Introduced
1 May 2015
Last action
1 May 2015 · Introduced
Status
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsors
Rep. Meadows, Mark [R-NC-11]
Subjects
Defence, Transport, Taxation
Source updated
12 August 2025
Defence · Transport · Taxation
Summary
Prioritizing Reinvestment in Infrastructure and Military while Eliminating Debt Act of 2015 or the PRIMED Act This bill amends the Internal Revenue Code to allow corporate taxpayers to elect a tax deduction for cash dividends received from a controlled foreign corporation during the period beginning after the bill's enactment date and ending on December 31, 2016. The dividends received are subject to an effective tax rate of 5.25% when repatriated in the United States. The bill divides tax revenues attributable to such repatriated earnings equally for: (1) federal debt reduction, (2) transfers to the Highway Trust Fund, and (3) adjustments to limitations on defense discretionary spending.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
1 May 2015
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
1 May 2015
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
1 May 2015
Introduced
Introduced in House
Source: IntroReferral
1 May 2015
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 1 May 2015 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 1 May 2015
Introduced in House (PDF)
Introduced in House · EN · 1 May 2015
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Introduced in House
summary · EN · 1 May 2015
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Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Meadows, Mark [R-NC-11] · R · Sponsor
- · hsbu00 · Standing
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/114th-congress/house-bill/2225
- Open data entity: https://api.congress.gov/v3/bill/114/hr/2225
- us · 114-hr-2225 · source updated 12 August 2025