A bill to amend the Internal Revenue Code of 1954 to reduce the rate of certain taxes paid to the Virgin Islands on Virgin Islands source income.

Summary

Amends the Internal Revenue Code to reduce to ten percent the income tax rate on Virgin Islands source income and provide for corresponding reductions in tax withholding.

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

Timeline

1. 20 September 1982

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 20 September 1982

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 27 September 1982

   Committee

   Committee on Finance requested executive comment from OMB; Treasury 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

• Introduced in Senate

  summary · EN · 20 September 1982

  Open at official source

Sponsors

• Sen. Matsunaga, Spark M. [D-HI] · D · Sponsor
• Sen. Bradley, Bill [D-NJ] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → An act to amend the Internal Revenue Code of 1954 to reduce the rate of certain taxes paid to the Virgin Islands on Virgin Islands source income, to amend the Social Security Act to provide for a temporary period that payment of disability benefits may continue through the hearing stage of the appeals process, and for other purposes.