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    <number>4429</number>
    <updateDate>2023-01-11T13:26:32Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:26:32Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2014-04-08</introducedDate>
    <congress>113</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. TIBERI:H.R. 4429.Congress has the power to enact this legislation pursuantto the following:This bill makes changes to existing law relating to Article1, Section 7 which provides that ``All bills for raisingRevenue shall originate in the House of Representatives.''[[Page H3058]][Page H3057]</pre>]]></constitutionalAuthorityStatementText>
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        <chamber>House</chamber>
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            <date>2014-05-02T16:26:20Z</date>
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        <citation>H. Rept. 113-427</citation>
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      <item>
        <title>Tax Extenders Act of 2013</title>
        <congress>113</congress>
        <number>1859</number>
        <type>S</type>
        <latestAction>
          <actionDate>2013-12-20</actionDate>
          <text>Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 287.</text>
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        <actionDate>2014-05-02</actionDate>
        <text>Placed on the Union Calendar, Calendar No. 315.</text>
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        <text>Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 21 - 14.</text>
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    <sponsors>
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        <bioguideId>T000462</bioguideId>
        <fullName>Rep. Tiberi, Patrick J. [R-OH-12]</fullName>
        <firstName>PATRICK</firstName>
        <lastName>TIBERI</lastName>
        <party>R</party>
        <state>OH</state>
        <middleName>J.</middleName>
        <district>12</district>
        <isByRequest>N</isByRequest>
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        <bioguideId>N000015</bioguideId>
        <fullName>Rep. Neal, Richard E. [D-MA-1]</fullName>
        <firstName>RICHARD</firstName>
        <lastName>NEAL</lastName>
        <party>D</party>
        <state>MA</state>
        <middleName>E.</middleName>
        <district>1</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>J000174</bioguideId>
        <fullName>Rep. Johnson, Sam [R-TX-3]</fullName>
        <firstName>SAM</firstName>
        <lastName>JOHNSON</lastName>
        <party>R</party>
        <state>TX</state>
        <district>3</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>L000557</bioguideId>
        <fullName>Rep. Larson, John B. [D-CT-1]</fullName>
        <firstName>JOHN</firstName>
        <lastName>LARSON</lastName>
        <party>D</party>
        <state>CT</state>
        <middleName>B.</middleName>
        <district>1</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B000755</bioguideId>
        <fullName>Rep. Brady, Kevin [R-TX-8]</fullName>
        <firstName>KEVIN</firstName>
        <lastName>BRADY</lastName>
        <party>R</party>
        <state>TX</state>
        <district>8</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000188</bioguideId>
        <fullName>Rep. Kind, Ron [D-WI-3]</fullName>
        <firstName>RON</firstName>
        <lastName>KIND</lastName>
        <party>D</party>
        <state>WI</state>
        <district>3</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>N000181</bioguideId>
        <fullName>Rep. Nunes, Devin [R-CA-22]</fullName>
        <firstName>Devin</firstName>
        <lastName>Nunes</lastName>
        <party>R</party>
        <state>CA</state>
        <district>22</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000096</bioguideId>
        <fullName>Rep. Pascrell, Bill, Jr. [D-NJ-9]</fullName>
        <firstName>WILLIAM</firstName>
        <lastName>PASCRELL</lastName>
        <party>D</party>
        <state>NJ</state>
        <middleName>J.</middleName>
        <district>9</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001255</bioguideId>
        <fullName>Rep. Boustany, Charles W., Jr. [R-LA-3]</fullName>
        <firstName>Charles</firstName>
        <lastName>Boustany</lastName>
        <party>R</party>
        <state>LA</state>
        <middleName>W.</middleName>
        <district>3</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001038</bioguideId>
        <fullName>Rep. Crowley, Joseph [D-NY-14]</fullName>
        <firstName>JOSEPH</firstName>
        <lastName>CROWLEY</lastName>
        <party>D</party>
        <state>NY</state>
        <district>14</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>S001179</bioguideId>
        <fullName>Rep. Schock, Aaron [R-IL-18]</fullName>
        <firstName>Aaron</firstName>
        <lastName>Schock</lastName>
        <party>R</party>
        <state>IL</state>
        <district>18</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>R000585</bioguideId>
        <fullName>Rep. Reed, Tom [R-NY-23]</fullName>
        <firstName>Tom</firstName>
        <lastName>Reed</lastName>
        <party>R</party>
        <state>NY</state>
        <district>23</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>S001156</bioguideId>
        <fullName>Rep. Sánchez, Linda T. [D-CA-38]</fullName>
        <firstName>Linda</firstName>
        <lastName>Sánchez</lastName>
        <party>D</party>
        <state>CA</state>
        <middleName>T.</middleName>
        <district>38</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>Y000064</bioguideId>
        <fullName>Rep. Young, Todd [R-IN-9]</fullName>
        <firstName>Todd</firstName>
        <lastName>Young</lastName>
        <party>R</party>
        <state>IN</state>
        <middleName>C.</middleName>
        <district>9</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>T000460</bioguideId>
        <fullName>Rep. Thompson, Mike [D-CA-5]</fullName>
        <firstName>MIKE</firstName>
        <lastName>THOMPSON</lastName>
        <party>D</party>
        <state>CA</state>
        <district>5</district>
        <sponsorshipDate>2014-04-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>R000580</bioguideId>
        <fullName>Rep. Roskam, Peter J. [R-IL-6]</fullName>
        <firstName>Peter</firstName>
        <lastName>Roskam</lastName>
        <party>R</party>
        <state>IL</state>
        <middleName>J.</middleName>
        <district>6</district>
        <sponsorshipDate>2014-04-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001172</bioguideId>
        <fullName>Rep. Smith, Adrian [R-NE-3]</fullName>
        <firstName>Adrian</firstName>
        <lastName>Smith</lastName>
        <party>R</party>
        <state>NE</state>
        <district>3</district>
        <sponsorshipDate>2014-04-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
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    <subjects>
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          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Foreign and international banking</name>
        </item>
        <item>
          <name>Foreign and international corporations</name>
        </item>
        <item>
          <name>Income tax exclusion</name>
        </item>
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          <name>Insurance industry and regulation</name>
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        <item>
          <name>Taxation of foreign income</name>
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        <name>Taxation</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2014-04-08</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2014-05-02T15:06:44Z</updateDate>
        <text><![CDATA[ <p>Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business. </p>]]></text>
      </summary>
      <summary>
        <versionCode>17</versionCode>
        <actionDate>2014-05-02</actionDate>
        <actionDesc>Reported to House with amendment(s)</actionDesc>
        <updateDate>2014-06-04T20:27:35Z</updateDate>
        <text><![CDATA[ <p>Permanent Active Financing Exception Act of 2014 <em>-</em> Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business. </p>]]></text>
      </summary>
    </summaries>
    <title>Permanent Active Financing Exception Act of 2014</title>
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        <titleType>Display Title</titleType>
        <title>Permanent Active Financing Exception Act of 2014</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income.</title>
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        <titleType>Short Titles as Reported to House</titleType>
        <title>Permanent Active Financing Exception Act of 2014</title>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
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        <type>Reported in House</type>
        <date>2014-05-02T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-113hr4429ih/xml/BILLS-113hr4429ih.xml</url>
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    <latestAction>
      <actionDate>2014-05-02</actionDate>
      <text>Placed on the Union Calendar, Calendar No. 315.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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