[Congressional Record Volume 170, Number 79 (Tuesday, May 7, 2024)]
[House]
[Page H2937]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. LaHOOD:
       H.R. 8274.
       Congress has the power to enact this legislation pursuant 
     to the following:
       U.S. Constitution Article I, Section 8, Clause 1: ``The 
     Congress shall have Power to lay and collect Taxes. . .''
       The single subject of this legislation is:
       This bill would amend the tax code to encourage the 
     transfer of intellectual property from controlled foreign 
     corporations to U.S. shareholders.