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  <bill>
    <number>4589</number>
    <updateDate>2023-01-11T13:26:30Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:26:30Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2014-05-07</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. REICHERT:H.R. 4589.Congress has the power to enact this legislation pursuantto the following:Pursuant to Clause 1 of Section 8 of Article I of theUnited States Constitution and Amendment XVI of the UnitedStates Constitution[Page H3940]</pre>]]></constitutionalAuthorityStatementText>
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        <systemCode>hswm00</systemCode>
        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
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            <name>Referred to</name>
            <date>2014-05-07T14:01:10Z</date>
          </item>
        </activities>
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    </committees>
    <relatedBills>
      <item>
        <title>Tax Reform Act of 2014</title>
        <congress>113</congress>
        <number>1</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2014-12-12</actionDate>
          <text>Sponsor introductory remarks on measure. (CR E1800-1801)</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
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    <actions>
      <item>
        <actionDate>2014-05-07</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hswm00</systemCode>
            <name>Ways and Means Committee</name>
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        <actionDate>2014-05-07</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>Intro-H</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      <item>
        <actionDate>2014-05-07</actionDate>
        <text>Introduced in House</text>
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        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>R000578</bioguideId>
        <fullName>Rep. Reichert, David G. [R-WA-8]</fullName>
        <firstName>David</firstName>
        <lastName>Reichert</lastName>
        <party>R</party>
        <state>WA</state>
        <middleName>G.</middleName>
        <district>8</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>M000404</bioguideId>
        <fullName>Rep. McDermott, Jim [D-WA-7]</fullName>
        <firstName>JIM</firstName>
        <lastName>MCDERMOTT</lastName>
        <party>D</party>
        <state>WA</state>
        <district>7</district>
        <sponsorshipDate>2014-05-07</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000560</bioguideId>
        <fullName>Rep. Larsen, Rick [D-WA-2]</fullName>
        <firstName>RICK</firstName>
        <lastName>LARSEN</lastName>
        <party>D</party>
        <state>WA</state>
        <district>2</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000617</bioguideId>
        <fullName>Rep. DelBene, Suzan K. [D-WA-1]</fullName>
        <firstName>Suzan</firstName>
        <lastName>DelBene</lastName>
        <party>D</party>
        <state>WA</state>
        <middleName>K.</middleName>
        <district>1</district>
        <sponsorshipDate>2014-05-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S000510</bioguideId>
        <fullName>Rep. Smith, Adam [D-WA-9]</fullName>
        <firstName>ADAM</firstName>
        <lastName>SMITH</lastName>
        <party>D</party>
        <state>WA</state>
        <district>9</district>
        <sponsorshipDate>2014-06-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000381</bioguideId>
        <fullName>Rep. Kilmer, Derek [D-WA-6]</fullName>
        <firstName>Derek</firstName>
        <lastName>Kilmer</lastName>
        <party>D</party>
        <state>WA</state>
        <district>6</district>
        <sponsorshipDate>2014-06-09</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H000329</bioguideId>
        <fullName>Rep. Hastings, Doc [R-WA-4]</fullName>
        <firstName>DOC</firstName>
        <lastName>HASTINGS</lastName>
        <party>R</party>
        <state>WA</state>
        <district>4</district>
        <sponsorshipDate>2014-06-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001048</bioguideId>
        <fullName>Rep. Hunter, Duncan D. [R-CA-50]</fullName>
        <firstName>Duncan</firstName>
        <lastName>Hunter</lastName>
        <party>R</party>
        <state>CA</state>
        <middleName>D.</middleName>
        <district>50</district>
        <sponsorshipDate>2014-06-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001056</bioguideId>
        <fullName>Rep. Herrera Beutler, Jaime [R-WA-3]</fullName>
        <firstName>Jaime</firstName>
        <lastName>Herrera Beutler</lastName>
        <party>R</party>
        <state>WA</state>
        <district>3</district>
        <sponsorshipDate>2014-06-17</sponsorshipDate>
        <isOriginalCosponsor>False</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>2014-06-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <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>2014-06-26</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001159</bioguideId>
        <fullName>Rep. McMorris Rodgers, Cathy [R-WA-5]</fullName>
        <firstName>Cathy</firstName>
        <lastName>McMorris Rodgers</lastName>
        <party>R</party>
        <state>WA</state>
        <district>5</district>
        <sponsorshipDate>2014-07-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <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>2014-07-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001064</bioguideId>
        <fullName>Rep. Heck, Denny [D-WA-10]</fullName>
        <firstName>Denny</firstName>
        <lastName>Heck</lastName>
        <party>D</party>
        <state>WA</state>
        <district>10</district>
        <sponsorshipDate>2014-07-23</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Corporate finance and management</name>
        </item>
        <item>
          <name>Interest, dividends, interest rates</name>
        </item>
        <item>
          <name>Tax administration and collection, taxpayers</name>
        </item>
        <item>
          <name>Taxation of foreign income</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2014-05-07</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2014-05-21T22:37:42Z</updateDate>
        <text><![CDATA[ <p>Personal Holding Company Tax Parity and Reinvestment Act - Amends the Internal Revenue Code to exclude dividends received by a U.S. shareholder from a controlled foreign corporation from the definition of "personal holding company income" for purposes of personal holding company taxation.</p>]]></text>
      </summary>
    </summaries>
    <title>Personal Holding Company Tax Parity and Reinvestment Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Personal Holding Company Tax Parity and Reinvestment Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to exclude dividends from controlled foreign corporations from the definition of personal holding company income for purposes of the personal holding company rules.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Personal Holding Company Tax Parity and Reinvestment Act</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2014-05-07T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-113hr4589ih/xml/BILLS-113hr4589ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2014-05-07</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <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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