legislation: 104-s-1942
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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| 104-s-1942 | 104 | s | 1942 | Investment Competitiveness Act of 1996 | Taxation | 1996-07-10 | 1996-07-10 | Read twice and referred to the Committee on Finance. | Senate | Sen. Baucus, Max [D-MT] | MT | D | B000243 | 2 | Investment Competitiveness Act of 1996 - Amends the Internal Revenue Code to exempt interest-related dividends received from a regulated investment company from the 30 percent tax on the income of nonresident aliens and foreign corporations not connected with U.S. business. Provides exceptions. Provides for determining: (1) taxable-interest dividends; and (2) taxable estate stock of nonresident non-citizens in regulated investment companies. Applies the special rules for real estate investment trusts on the disposition of investment in U.S. real property to regulated investment companies. | 2025-08-21T20:14:56Z |