3.0.0 2735 2023-01-11T13:22:33Z 2023-01-11T13:22:33Z House H HR 2011-08-01 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BOUSTANY:H.R. 2735.Congress has the power to enact this legislation pursuantto the following:Article I, Section 7: All Bills for raising Revenue shalloriginate in the House of Representatives; but the Senate maypropose or concur with Amendments as on other Bills.Article I, Section 8: The Congress shall have Power To layand collect Taxes, Duties, Imposts and Excises, to pay theDebts and provide for the common Defence and general Welfareof the United States; but all Duties, Imposts and Excisesshall be uniform throughout the United States.Amendment XVI (16th Amendment): The Congress shall havepower to lay and collect taxes on incomes, from whateversource derived, without apportionment among the severalStates, and without regard to any census or enumeration.[Page H5886]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-08-01T14:03:05Z 112 2091 S 2012-02-09 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S498-502) Related bill CRS 2011-08-01 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-08-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-08-01 Introduced in House IntroReferral 1000 9 Library of Congress B001255 Rep. Boustany, Charles W., Jr. [R-LA-7] Charles Boustany R LA W. 7 N K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2011-08-01 True M001142 Rep. Matheson, Jim [D-UT-2] JIM MATHESON D UT 2 2011-10-18 False N000015 Rep. Neal, Richard E. [D-MA-2] RICHARD NEAL D MA E. 2 2011-11-03 False S001179 Rep. Schock, Aaron [R-IL-18] Aaron Schock R IL 18 2011-11-04 False R000585 Rep. Reed, Tom [R-NY-29] Tom Reed R NY 29 2011-11-04 False J000290 Rep. Jenkins, Lynn [R-KS-2] Lynn Jenkins R KS 2 2011-11-17 False L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 2011-11-29 False C001038 Rep. Crowley, Joseph [D-NY-7] JOSEPH CROWLEY D NY 7 2011-12-06 False P000096 Rep. Pascrell, Bill, Jr. [D-NJ-8] WILLIAM PASCRELL D NJ J. 8 2011-12-16 False Taxation Foreign and international corporations Income tax deferral Taxation of foreign income U.S. and foreign investments Taxation

00 2011-08-01 Introduced in House 2011-09-08T13:08:30Z Amends the Internal Revenue Code to make permanent the tax rule exempting dividends, interest, rents, and royalties received or accrued from certain controlled foreign corporations by a related entity from treatment as foreign holding company income (thus permitting tax deferral of such income).

]]>

Display Title Official Title as Introduced Introduced in House IH Introduced in House 2011-08-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2735ih/xml/BILLS-112hr2735ih.xml 2011-08-01 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.