legislation: 100-hr-5429
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 100-hr-5429 | 100 | hr | 5429 | A bill to amend the Internal Revenue Code of 1986 to provide that certain corporations engaged in substantial manufacturing operations in certain foreign countries will not be treated as passive foreign investment companies. | Taxation | 1988-09-30 | 1988-09-30 | Referred to House Committee on Ways and Means. | House | Rep. Coyne, William J. [D-PA-14] | PA | D | C000846 | 6 | Amends the Internal Revenue Code to create a special rule under which a foreign corporation will not be treated as a passive foreign investment company if it is a controlled foreign corporation that engages in substantial manufacturing or production activities in a foreign country that: (1) treats the corporation as a resident; and (2) had a deficit in its trade balance with the United States for the preceding calendar year. | 2024-02-07T16:32:33Z |