A bill to amend the Internal Revenue Code of 1986 to eliminate tax incentives for exporting jobs outside of the United States, and for other purposes.

Summary

Amends the Internal Revenue Code to prohibit, as specified, a deduction for amounts paid or incurred for the costs of transporting tangible property outside the United States if such transporting results in a reduction by the taxpayer of production or operations in the United States.

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

Timeline

1. 28 June 1996

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 28 June 1996

   Introduced

   Sponsor introductory remarks on measure. (CR S7307)

   Source: IntroReferral

3. 28 June 1996

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 28 June 1996 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 28 June 1996

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 28 June 1996

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 28 June 1996

  Open at official source

Sponsors

• Sen. Levin, Carl [D-MI] · D · Sponsor
• Rep. Harkin, Tom [D-IA-5] · D · Cosponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.