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United States · Bill · S

S. 2429 (99th)

Anti-Terrorism Tax Act of 1986

openUnited States· United States Congress· EN

Introduced

8 May 1986

Last action

16 May 1986 · Committee

Status

Committee on Finance requested executive comment from OMB, Treasury Department, State Department.

Sponsors

Chuck Grassley, Sen. Lautenberg, Frank R. [D-NJ]

Subjects

Taxation

Source updated

29 August 2025

Taxation

Summary

Anti-Terrorism Tax Act of 1986 - Amends the Internal Revenue Code to deny the foreign tax credit for taxes paid to any country identified as repeatedly providing support for acts of international terrorism. Applies such treatment to taxes paid to countries which the Secretary of State, pursuant to the Export Administration Act of 1979, has designated as countries that repeatedly support acts of international terrorism.

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

Timeline

  1. 8 May 1986

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 8 May 1986

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 16 May 1986

    Committee

    Committee on Finance requested executive comment from OMB, Treasury Department, State Department.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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