Virgin Islands Improvement Act of 2007

Summary

Virgin Islands Improvement Act of 2007 - Amends the Internal Revenue Code to provide for a reduction of taxes on distributions from certain retirement savings plans designated as being under investment by the Virgin Islands Investment Program for at least 30 years. Defines "Virgin Islands Investment Program" for purposes of this Act as a fund with managed amounts of less than $50 billion. Imposes a 1% annual tax on managed funds to benefit Virgin Island infrastructure development.

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Timeline

1. 3 August 2007

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 3 August 2007

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 August 2007

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 3 August 2007 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 3 August 2007

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 3 August 2007

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 3 August 2007

  Open at official source

Sponsors

• Del. Christensen, Donna M. [D-VI-At Large] · D · Sponsor
• · hswm00 · Standing

Related records

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