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United States · Bill · HR

H.R. 5338 (113th)

Federal Employee Pension Fairness Act

referredUnited States· United States Congress· EN

Introduced

31 July 2014

Last action

31 July 2014 · Introduced

Status

Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, and Foreign Affairs, 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. Edwards, Donna F. [D-MD-4], Gerald Connolly, ELIJAH CUMMINGS, Del. Norton, Eleanor Holmes [D-DC-At Large], Marcy Kaptur, Rep. Lynch, Stephen F. [D-MA-8], Keith Ellison, Rep. Rangel, Charles B. [D-NY-19], Matt Cartwright, Betty McCollum, Grace Napolitano

Subjects

Taxation

Source updated

12 August 2025

Taxation

Summary

Federal Employee Pension Fairness Act - Repeals provisions requiring federal employees, including foreign service employees, who began service after 2012 to pay an increased contribution (4.4%) for funding their annuities under the Federal Employees Retirement System (FERS). Amends the Internal Revenue Code to: (1) treat certain foreign corporations managed and controlled primarily in the United States as domestic corporations for U.S. tax purposes; and (2) revise rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with lower income tax rates than the United States).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 31 July 2014

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 31 July 2014

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 31 July 2014

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, and Foreign Affairs, 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

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Sponsors

Related records

Sources

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