[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3670 Introduced in House (IH)]

  1st Session
                                H. R. 3670

To amend the Internal Revenue Code of 1986 to impose a 100 percent tax 
     on amounts received from trading with Cuba if the trading is 
conditioned explicitly or otherwise on lobbying Congress to lift trade 
                    or travel restrictions on Cuba.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            December 8, 2003

  Mr. Deutsch (for himself and Mr. Menendez) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to impose a 100 percent tax 
     on amounts received from trading with Cuba if the trading is 
conditioned explicitly or otherwise on lobbying Congress to lift trade 
                    or travel restrictions on Cuba.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Anti-Communist Cooperation Act of 
2003''.

SEC. 2. 100 PERCENT TAX ON AMOUNTS RECEIVED BY CERTAIN PERSONS FROM 
              TRADING WITH CUBA.

    (a) In General.--Subtitle D of the Internal Revenue Code of 1986 is 
amended by inserting after chapter 44 the following new chapter:

 ``CHAPTER 45--TAX ON AMOUNTS RECEIVED BY CERTAIN PERSONS FROM TRADING 
                               WITH CUBA

                              ``Sec. 4986. Imposition of tax.

``SEC. 4986. IMPOSITION OF TAX.

    ``(a) In General.--There is hereby imposed on any United States 
person a tax of 100 percent of the amount received by such person 
directly or indirectly from the sale, lease, or licensing of property 
or services for consumption or use in Cuba if there is an agreement or 
understanding that such person will directly or indirectly lobby 
Congress to lift trade or travel restrictions on Cuba.
    ``(b) Administrative Provisions.--
            ``(1) Payments taxed only once.--Gross income shall not 
        include any payment on which tax is imposed by subsection (a).
            ``(2) Other administrative provisions.--For purposes of 
        subtitle F, any tax imposed by this section shall be treated as 
        a tax imposed by subtitle A.''
    (b) Clerical Amendment.--The table of chapters for subtitle D is 
amended by inserting after the item relating to chapter 44 the 
following new item:

                              ``Chapter 45. Tax on amounts received by 
                                        certain persons from trading 
                                        with Cuba.''
    (c) Effective Date.--The amendments made by this section shall 
apply to amounts received after the date of the enactment of this Act.
                                 <all>