3.0.0 3205 2019-02-20T23:33:40Z 2019-02-24T08:42:05Z Senate S S 2012-05-17 112 ssfi00 Finance Committee Senate Standing Referred to 2012-05-17T20:01:08Z 2012-05-17 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2012-05-17 Introduced in Senate IntroReferral 10000 9 Library of Congress S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. N C001070 Sen. Casey, Robert P., Jr. [D-PA] Bob Casey D PA 2012-05-17 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2012-05-17 True H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD 2012-05-17 True C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2012-05-23 False Taxation Capital gains tax Citizenship and naturalization Congressional oversight Immigration status and procedures Income tax rates Taxation of foreign income Taxation 00 2012-05-17 Introduced in Senate 2012-06-21T18:41:13Z Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy or the Ex-PATRIOT Act - Amends the Internal Revenue Code to impose a 30% tax and withholding on capital gains income realized by a nonresident alien individual present in the United States for periods aggregating 183 days or more or an expatriate who has renounced his or her U.S. citizenship for tax avoidance purposes (specified expatriate).

Amends the Immigration and Nationality Act to: (1) render a specified expatriate inadmissible to the United States, and (2) prohibit any waiver of such inadmissibility. Directs the Secretary of the Treasury, in consultation with the Secretaries of State and Homeland Security (DHS), to develop a policy for granting a waiver of inadmissibility to a specified expatriate who satisfies a tax liability related to such expatriate's renunciation of of U.S. citizenship.

]]> Ex-PATRIOT Act Short Titles as Introduced Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy Short Titles as Introduced Ex-PATRIOT Act Display Title Ex-PATRIOT Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide that persons renouncing citizenship for a substantial tax avoidance purpose shall be subject to tax and withholding on capital gains, to provide that such persons shall not be admissible to the United States, and for other purposes. Introduced in Senate 2012-05-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s3205is/xml/BILLS-112s3205is.xml 2012-05-17 Read twice and referred to the Committee on Finance. 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.