3.0.0 5790 2018-11-08T23:34:01Z 2018-11-08T23:34:01Z House H HR 2008-04-15 110 hswm00 Ways and Means Committee House Standing Referred to 2008-04-15T14:01:10Z 2008-04-15 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2008-04-15 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-04-15 Introduced in House IntroReferral 1000 9 Library of Congress F000454 Rep. Foster, Bill [D-IL-14] Bill Foster D IL 14 N Taxation Commerce Foreign Trade and International Finance Foreign corporations Government Operations and Politics Income tax Local taxation Property tax State taxation Tax deductions Tax evasion Tax penalties Tax-deferred compensation plans Taxation

00 2008-04-15 Introduced in House 2008-05-17T16:25:58Z Universal Homeowner Tax Cut Act of 2008 - Amends the Internal Revenue Code to: (1) allow individual taxpayers who do not otherwise itemize a deduction from gross income for up to $1,000 of their state and local real property taxes; (2) require the inclusion in gross income of deferred compensation paid by certain foreign corporations; (3) set forth rules for the application of the economic substance doctrine for evaluating transactions affecting federal income tax liability; and (4) assess new penalties for underpayments of tax attributable to transactions lacking economic substance.

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Short Titles as Introduced Display Title Official Title as Introduced Introduced in House 2008-04-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr5790ih/xml/BILLS-110hr5790ih.xml 2008-04-15 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.