3.0.0 2360 2023-01-11T13:26:20Z 2023-01-11T13:26:20Z Senate S S 2014-05-20 113 ssfi00 Finance Committee Senate Standing Referred to 2014-05-20T20:56:27Z 113 4679 HR 2014-05-20 Referred to the House Committee on Ways and Means. Related bill CRS 113 4985 HR 2014-06-26 Referred to the House Committee on Ways and Means. Related bill CRS 113 5338 HR 2014-07-31 Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS 113 2489 S 2014-06-18 Read twice and referred to the Committee on Finance. Related bill CRS 2014-05-20 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3188-31889) IntroReferral 2014-05-20 Sponsor introductory remarks on measure. (CR S3188-3189) IntroReferral B00100 9 Library of Congress 2014-05-20 Introduced in Senate IntroReferral 10000 9 Library of Congress L000261 Sen. Levin, Carl [D-MI] CARL LEVIN D MI MILTON N W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2014-05-20 True R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV 2014-05-20 True C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2014-05-20 True B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2014-05-20 True N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2014-05-20 True J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD 2014-05-20 True F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2014-05-20 True K000384 Sen. Kaine, Tim [D-VA] Timothy Kaine D VA M. 2014-05-20 True H001042 Sen. Hirono, Mazie K. [D-HI] Mazie Hirono D HI K. 2014-05-20 True K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2014-05-20 True S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2014-05-20 True S001194 Sen. Schatz, Brian [D-HI] Brian Schatz D HI 2014-05-20 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2014-05-20 True R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2014-05-20 True H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD 2014-05-20 True F000457 Sen. Franken, Al [D-MN] Al Franken D MN 2014-05-20 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2014-05-20 True W000818 Sen. Walsh, John E. [D-MT] John Walsh D MT E. 2014-05-20 True K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2014-05-20 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2014-06-11 False M000702 Sen. Mikulski, Barbara A. [D-MD] BARBARA MIKULSKI D MD ANN 2014-07-09 False B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2014-07-21 False Taxation Administrative law and regulatory procedures Corporate finance and management Department of the Treasury Foreign and international corporations Income tax rates Taxation of foreign income Taxation

00 2014-05-20 Introduced in Senate 2014-07-14T18:50:55Z Stop Corporate Inversions Act of 2014 - Amends the Internal Revenue Code to revise rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States) to provide that during the period beginning after May 8, 2014, and before May 9, 2016, a foreign corporation that acquires the properties of a U.S. corporation or partnership shall be treated as an inverted corporation and thus subject to U.S. taxation if, after such acquisition: (1) it holds more than 50% of the stock of the new entity (expanded affiliated group), or (2) the management or control of the new entity occurs primarily within the United States and the new entity has significant domestic business activities.

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Display Title Official Title as Introduced Introduced in Senate IS Short Titles as Introduced Introduced in Senate 2014-05-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2360is/xml/BILLS-113s2360is.xml 2014-05-20 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3188-31889) 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.