3.0.0 3020 2023-01-11T13:22:21Z 2023-01-11T13:22:21Z House H HR 2011-09-22 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PIERLUISI:H.R. 3020.Congress has the power to enact this legislation pursuantto the following:The constitutional authority on which this bill rests isthe power of the Congress to: (1) provide for the generalwelfare of the United States, as enumerated in Article I,Section 8, Clause 1 of the United States Constitution; (2) tolay and collect taxes, as enumerated in Article I, Section 8,Clause 1 of the Constitution; (3) to make all laws whichshall be necessary and proper for carrying into executionsuch power, as enumerated in Article I, Section 8, Clause 18of the Constitution; and (4) to make all needful rules andregulations respecting the Territory of the United States, asprovided for under Article IV, Section 3, Clause 2 of theConstitution.[Page H6414]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-09-22T14:02:25Z 2011-09-22 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-09-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-09-22 Introduced in House IntroReferral 1000 9 Library of Congress 2011-09-21 Sponsor introductory remarks on measure. (CR H6278-6279) IntroReferral B00100 9 Library of Congress P000596 Resident Commissioner Pierluisi, Pedro R. [D-PR-At Large] Pedro Pierluisi D PR R. N Y000033 Rep. Young, Don [R-AK-At Large] DON YOUNG R AK E. 0 2011-09-22 True S000248 Rep. Serrano, Jose E. [D-NY-16] JOSE SERRANO D NY E. 16 2011-09-22 True J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2011-10-14 False R000053 Rep. Rangel, Charles B. [D-NY-15] CHARLES RANGEL D NY B. 15 2011-10-14 False S001177 Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large] Gregorio Sablan D MP Kilili Camacho 0 2011-10-14 False T000326 Rep. Towns, Edolphus [D-NY-10] EDOLPHUS TOWNS D NY 10 2011-10-14 False S001179 Rep. Schock, Aaron [R-IL-18] Aaron Schock R IL 18 2011-10-26 False C001038 Rep. Crowley, Joseph [D-NY-7] JOSEPH CROWLEY D NY 7 2011-11-02 False G000535 Rep. Gutierrez, Luis V. [D-IL-4] LUIS GUTIERREZ D IL V. 4 2011-11-17 False N000015 Rep. Neal, Richard E. [D-MA-2] RICHARD NEAL D MA E. 2 2011-11-17 False D000600 Rep. Diaz-Balart, Mario [R-FL-21] Mario Diaz-Balart R FL 21 2011-12-14 False Taxation Caribbean area Corporate finance and management Foreign and international corporations Puerto Rico Tax administration and collection, taxpayers Taxation of foreign income U.S. territories and protectorates Taxation

00 2011-09-22 Introduced in House 2011-10-07T17:39:49Z Puerto Rico Investment Promotion Act of 2011 - Amends the Internal Revenue Code to allow a corporation incorporated under the laws of Puerto Rico and deriving at least 50% of its gross income from sources within Puerto Rico to elect to be treated as a domestic corporation for U.S. tax purposes.

]]>

Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2011-09-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr3020ih/xml/BILLS-112hr3020ih.xml 2011-09-22 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.