United States · Bill · HR
H.R. 749 (112th)
To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income.
Introduced
16 February 2011
Last action
16 February 2011 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Tiberi, Patrick J. [R-OH-12], Rep. Neal, Richard E. [D-MA-1], Rep. Johnson, Sam [R-TX-3], Rep. Larson, John B. [D-CT-1], Rep. Brady, Kevin [R-TX-8], Rep. Crowley, Joseph [D-NY-14], Rep. Herger, Wally [R-CA-2], Rep. Schock, Aaron [R-IL-18], Rep. Boustany, Charles W., Jr. [R-LA-3], Rep. Berkley, Shelley [D-NV-1], Rep. Kind, Ron [D-WI-3], Sen. Heller, Dean [R-NV], Rep. Roskam, Peter J. [R-IL-6], Rep. Pascrell, Bill, Jr. [D-NJ-9], Rep. Nunes, Devin [R-CA-22], Rep. Marchant, Kenny [R-TX-24], Rep. Reed, Tom [R-NY-23], Rep. Davis, Geoff [R-KY-4], Rep. Black, Diane [R-TN-6], Rep. Paulsen, Erik [R-MN-3], Rep. Smith, Adrian [R-NE-3], Rep. Rokita, Todd [R-IN-4], Rep. Thompson, Mike [D-CA-4]
Subjects
Taxation
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code, with respect to taxation of U.S. shareholders of controlled foreign corporations, to permanently extend the subpart F exemption (which excludes such income from the shareholder's foreign personal holding company income) for active financing (insurance, banking, financing, or similar businesses) income earned on business operations overseas.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
16 February 2011
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
16 February 2011
Introduced
Introduced in House
Source: IntroReferral
16 February 2011
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 16 February 2011 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 16 February 2011
Introduced in House (PDF)
Introduced in House · EN · 16 February 2011
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Introduced in House
summary · EN · 16 February 2011
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Tiberi, Patrick J. [R-OH-12] · R · Sponsor
- Rep. Neal, Richard E. [D-MA-1] · D · Sponsor
- Rep. Johnson, Sam [R-TX-3] · R · Sponsor
- Rep. Larson, John B. [D-CT-1] · D · Sponsor
- Rep. Brady, Kevin [R-TX-8] · R · Sponsor
- Rep. Crowley, Joseph [D-NY-14] · D · Sponsor
- Rep. Herger, Wally [R-CA-2] · R · Cosponsor
- Rep. Schock, Aaron [R-IL-18] · R · Cosponsor
- Rep. Boustany, Charles W., Jr. [R-LA-3] · R · Cosponsor
- Rep. Berkley, Shelley [D-NV-1] · D · Cosponsor
- Rep. Kind, Ron [D-WI-3] · D · Cosponsor
- Sen. Heller, Dean [R-NV] · R · Cosponsor
- Rep. Roskam, Peter J. [R-IL-6] · R · Cosponsor
- Rep. Pascrell, Bill, Jr. [D-NJ-9] · D · Cosponsor
- Rep. Nunes, Devin [R-CA-22] · R · Cosponsor
- Rep. Marchant, Kenny [R-TX-24] · R · Cosponsor
- Rep. Reed, Tom [R-NY-23] · R · Cosponsor
- Rep. Davis, Geoff [R-KY-4] · R · Cosponsor
- Rep. Black, Diane [R-TN-6] · R · Cosponsor
- Rep. Paulsen, Erik [R-MN-3] · R · Cosponsor
- Rep. Smith, Adrian [R-NE-3] · R · Cosponsor
- Rep. Rokita, Todd [R-IN-4] · R · Cosponsor
- Rep. Thompson, Mike [D-CA-4] · D · Cosponsor
- · 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/112th-congress/house-bill/749
- Open data entity: https://api.congress.gov/v3/bill/112/hr/749
- us · 112-hr-749 · source updated 3 January 2025