CORPORATIONS see also Business and Industry

Amendments

Olympic Games: discourage ambush marketing by entities that adversely effect the ability of Team USA to attract sponsorships (S. Res. 289), S832, S834 [6FE]

Taxation: extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), S6454 [9DE], S6791, S6792 [12DE], S6924 [16DE]

——— make permanent the reduced recognition period for built-in gains for S corporations (H.R. 4453), consideration (H. Res. 616), H5263 [11JN]

Articles and editorials

Corporate Tax Dodgers Leave the Rest of Us To Foot the Bill (excerpt), H6263, H6264 [15JY]

Democrats on Hobby Lobby—‘‘Misspeaks’’ ‘‘Opinion’’ and Overheated Rhetoric, S4525 [16JY]

Hobby Lobby Decision and Its Distortions, S4526 [16JY]

Instead of Welcoming Free Debate, Collectivists Engage in Character Assassination, S2140 [3AP]

Jamie Dimon—Companies Should Feel Free To Bail on the U.S., S4691 [22JY]

Positively Un-American Tax Dodges, S4689–S4691 [22JY]

Whatever Happened to ‘‘Every Man a King?’’, S5300 [31JY]

Bills and resolutions

Business and industry: eliminate incentives for corporations to hold accumulated earnings offshore, invest in domestic infrastructure, and provide international tax reform (see H.R. 5857), H9302 [11DE]

——— limit ability of companies in bankruptcy to reduce or terminate wages or benefits, require continuation of health benefits, and provide information on duration of health benefits (see S. 2418), S3367 [3JN]

——— require certifications by prospective Government contractors that they are not boycotting a country with which the U.S. has a free trade agreement (see H.R. 5727), H8070 [18NO]

Committee on Foreign Investment in the U.S.: provide for a net benefit review of any transaction between U.S. and foreign companies (see H.R. 5581), H7884 [18SE]

Courts: provide Federal jurisdiction for theft of trade secrets (see S. 2267), S2470 [29AP] (see H.R. 5233), H7039 [29JY]

Dept. of Justice: create and maintain a public database of administrative, civil, and criminal actions against corporate entities (see H.R. 4452), H3195 [10AP]

Dept. of the Treasury: establish U.S. Employee Ownership Bank (see S. 2411), S3341 [2JN]

Employment: encourage corporate, academic, and social entities to develop rules requiring consideration of minority candidates when searching for a business vendor or filling leadership positions (see S. Res. 511), S4705 [22JY]

Federal agencies and departments: prohibit awarding of contracts to inverted domestic corporations (see S. 2704), S5135 [30JY] (see H.R. 5278), H7125 [30JY]

Financial institutions: establish the prudential regulator of community and independent depository institutions as the conduit and arbiter of all Federal financial oversight, examination, and reporting (see S. 2242), S2378 [10AP]

Political campaigns: apply laws restricting political speech of individuals to media corporations (see S. 2416), S3367 [3JN]

——— provide for additional disclosure requirements for corporations, labor organizations, and other entities (see S. 2516), S3938 [24JN]

——— reduce the influence of money and corporations and promote the participation of the people in politics and government (see H. Res. 695), H7126 [30JY]

Product safety: establish criminal penalties for corporate officers failing to inform and warn of serious dangers posed by corporate actions or products (see S. 2615), S4557 [16JY]

——— require businesses to warn employees, consumers, and the appropriate Federal officials of any product or service that poses serious danger to the public (see H.R. 4451), H3195 [10AP]

SEC: require disclosure of total corporate tax paid by a corporation in each annual report (see H.R. 5442), H7433 [10SE]

Taxation: encourage charitable contributions of real property for conservation purposes by Native corporations (see S. 2636), S4705 [22JY] (see H.R. 4721), H4828 [22MY]

——— end tax deferrals on profits accumulated offshore and terminate deferral of active income of controlled foreign corporations (see H.R. 5443), H7433 [10SE]

——— establish a deduction for married couples who are both employed and have young children, increase the earned income tax credit for childless workers, and close certain tax loopholes (see S. 2162), S1775 [26MR]

——— expand availability of employee stock ownership plans in S corporations (see H.R. 4837), H5318 [11JN]

——— expand denial of deduction for certain excessive employee remuneration (see H.R. 3970), H1511 [29JA] (see H.R. 5662), H7886 [18SE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (see H.R. 5771), H8225 [1DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), consideration (see H. Res. 766), H8272 [2DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), correction in enrollment (see H. Con. Res. 124), H9044 [10DE]

——— extend look-through treatment of payments between related controlled foreign corporations (see H.R. 4464), H3196 [10AP]

——— include unrepatriated earnings in income of groups that include an inverted corporation (see S. 2895), S5783 [18SE] (see H.R. 5549), H7882 [18SE]

——— limit interest expense deduction to prevent earnings stripping of domestic corporations involved in corporate inversion (see S. 2786), S5507 [10SE]

——— lower Federal tax on earnings of U.S. companies with foreign operations (see H.R. 5883), H9303 [11DE]

——— make permanent certain rules regarding basis adjustments to stock of S corporations making charitable contributions of property (see H.R. 4454), H3195 [10AP]

——— make permanent the reduced recognition period for built-in gains for S corporations (see H.R. 4453), H3195 [10AP]

——— make permanent the reduced recognition period for built-in gains for S corporations (H.R. 4453), consideration (see H. Res. 616), H5248 [10JN]

——— modify rules relative to inverted corporations in order to prevent tax avoidance by domestic companies moving operations to foreign countries (see S. 2360), S3184 [20MY] (see H.R. 4679), H4684 [20MY]

——— modify rules relative to inverted corporations in order to prevent tax avoidance by domestic companies moving operations to foreign countries and transfer such revenues to Highway Trust Fund (see H.R. 4985), H5817 [26JN]

——— provide a tax credit to businesses that invest in American jobs, provide fair wages and benefits, employ active duty personnel, recruit veterans, and maintain a diverse workforce (see S. 2540), S4153 [26JN] (see H.R. 5372), H7184 [31JY]

——— provide for a progressive consumption tax, individual and corporate tax reform, and refunds of excess consumption tax revenue (see S. 3005), S6626 [11DE]

——— reform rules relative to partnership audits and adjustments (see S. 3018), S6921 [16DE]

——— terminate certain energy tax subsidies and lower the corporate income tax rate (see S. 2279), S2614 [1MY]

Letters

S Corporation Permanent Tax Relief Act: several organizations, H5326 [12JN]

Motions

Taxation: extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), S6823 [15DE], S6869 [16DE], H8341 [3DE]

——— make permanent the reduced recognition period for built-in gains for S corporations (H.R. 4453), H5329 [12JN]

Press releases

Target Addresses Issue of Customers Carrying Firearms in Stores: Target Brands, Inc. (excerpt), S4206 [7JY]

Remarks in House

Armed Forces: restore full working-age military retiree cost-of-living adjustment by closing tax loopholes for offshore corporations (H.R. 3793), H138 [10JA]

Budget: reduce the deficit by ending tax loopholes, H3028 [8AP]

Business and industry: close tax loopholes for offshore corporations, H6830 [25JY]

Buy American Act: clarify applicability to products purchased for use of legislative branch and prohibit exceptions for products bearing an official congressional insignia (H.R. 194), H6637 [22JY]

Constitutional amendments: clarify application of the words people, person, or citizen in the Constitution to corporations, limited liability companies or other corporate entities (H.J. Res. 21), H1502 [29JA]

Dept. of Defense: prohibit funding to contract with entities that have reincorporated in tax havens, H5524, H5525 [19JN]

Dept. of Energy: prohibit funding to any entity that has commenced title 11 bankruptcy proceedings, H6070 [10JY]

Depts. of Transportation and HUD and related agencies: prohibit funding to contract with entities that have reincorporated in tax havens, H5227, H5228 [10JN]

Energy and water development: prohibit funding by related agencies to contract with entities that have reincorporated in tax havens, H6050 [10JY]

Federal agencies and departments: prohibit funding to contract with entities that have reincorporated in tax havens, H7661 [17SE]

Financial institutions: prohibit funding to designate any nonbank financial companies as ‘‘Too Big To Fail’’ or as a ‘‘systemically important financial instution’’, H6317, H6318 [16JY]

——— provide a process to allow financial institutions to go bankrupt (S. 1861), H8179 [1DE]

Financial services and general Government: prohibit funding by related agencies to contract with entities that have reincorporated in tax havens, H6263, H6264 [15JY]

National objectives: modify tax benefits for insourcing and outsourcing expenses of corporations, and rules relative to inverted corporations, and provide for consideration of middle class jumpstart agenda, H7856, H7857 [18SE]

Patient Protection and Affordable Care Act: impact of fines on for-profit corporations for not fulfilling health insurance coverage requirements to offer contraceptives, H2638–H2641 [25MR]

Political campaigns: increase of influence of money and corporations, H9067–H9074 [11DE]

——— reduce the influence of money and corporations and promote the participation of the people in politics and government, H7982 [14NO]

——— reduce the influence of money and corporations and promote the participation of the people in politics and government (H. Res. 695), H7305 [9SE]

——— hearing of arguments in Sebelius v. Hobby Lobby Stores, Inc., and Conestoga Wood Specialties Corp., v. Sebelius relative to requirements for health insurance coverage of contraceptives by for-profit corporations, H2370, H2371, H2372, H2373, H2374 [13MR], H2592, H2600–H2609 [24MR], H2615, H2619, H2620, H2636–H2642 [25MR], H2658, H2684 [26MR], H2735 [27MR], E399 [14MR]

Taxation: deny certain tax benefits to inverted corporations moving operations to foreign countries, H6376, H6377 [17JY]

——— disallow deduction for income attributable to domestic oil and gas production activities of major integrated oil companies (H.R. 1426), H5739 [25JN]

——— extend bonus depreciation and modify rules relative to inverted corporations in order to prevent tax avoidance by domestic companies moving operations to foreign countries, H6119, H6120 [11JY]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), H8323–H8343 [3DE], H8872 [9DE], E1734, E1737, E1745 [4DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), consideration (H. Res. 766), H8305–H8310 [3DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), correction in enrollment (H. Con. Res. 124), H8998 [10DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), motion to recommit, H8341, H8342 [3DE]

——— extend the reduced recognition period for built-in gains for S corporations for two years, H5329, H5330 [12JN]

——— make permanent certain rules regarding basis adjustments to stock of S corporations making charitable contributions of property (H.R. 4454), H5260 [11JN]

——— make permanent the reduced recognition period for built-in gains for S corporations, H7815 [18SE]

——— make permanent the reduced recognition period for built-in gains for S corporations (H.R. 4453), H5324–H5330 [12JN]

——— make permanent the reduced recognition period for built-in gains for S corporations (H.R. 4453), consideration (H. Res. 616), H5259–H5265 [11JN]

——— make permanent the reduced recognition period for built-in gains for S corporations (H.R. 4453), motion to recommit, H5329, H5330 [12JN]

——— modify rules relative to inverted corporations in order to prevent tax avoidance by domestic companies moving operations to foreign countries (H.R. 4679), H7404, H7407 [10SE]

——— prohibit subsidies to inverted corporations moving operations to foreign countries, H8341, H8342 [3DE]

——— provide for comprehensive tax reform (H.R. 1), E1800 [12DE]

——— reduce the corporate income tax rate, H8067 [18NO]

——— restrict use of abusive tax shelters and offshore tax havens to inappropriately avoid Federal taxation, H181 [13JA]

Remarks in Senate

Climate: business and industry efforts to reduce carbon pollution, S355 [15JA]

——— impact of large corporations on climate change, S1166 [26FE], S2593–S2595 [1MY]

Constitutional amendments: clarify authority of Congress and the States to limit corporate spending in elections (S.J. Res. 18), S4388 [10JY]

Economy: national objectives priority assignments, S6508–S6510 [10DE]

Elections: constitutional amendment on contributions and expenditures intended to affect elections, S2072 [2AP]

Federal agencies and departments: prohibit awarding of contracts to inverted domestic corporations (S. 2704), S5142 [30JY], S5406 [9SE]

Financial institutions: address concept of ‘‘too big to fail’’ through stricter limits on leverage and liabilities and through improved capital assessment and financial reporting, S6749 [12DE]

Highway Trust Fund: funding through closing certain corporate tax loopholes, S2222 [8AP], S3514 [10JN]

Ludlow, CO: anniversary of confrontation between miners and National Guard and Colorado Fuel & Iron Co., security personnel known as Ludlow Massacre, S2466 [29AP]

Olympic Games: discourage ambush marketing by entities that adversely effect the ability of Team USA to attract sponsorships (S. Res. 289), S834 [6FE]

Political campaigns: provide for additional disclosure requirements for corporations, labor organizations, and other entities, S610 [30JA], S2583, S2601 [1MY]

——— provide for additional disclosure requirements for corporations, labor organizations, and other entities (H.R. 148), S2072 [2AP]

——— provide for additional disclosure requirements for corporations, labor organizations, and other entities (S. 2516), S3941 [24JN], S5352, S5361 [8SE]

Reid, Senator: characterization of remarks relative to Charles Koch and David H. Koch, S1218, S1219 [27FE], S2140 [3AP], S3214 [21MY]

Supreme Court: decision in Burwell v. Hobby Lobby Stores, Inc., and Conestoga Wood Specialties Corp., v. Burwell relative to requirements for health insurance coverage of contraceptives by for-profit corporations, S4205, S4212 [7JY], S4388 [10JY], S4451 [14JY], S4461–S4468, S4474–S4476, S4481–S4483, S4489–S4491, S4495 [15JY], S4516, S4519–S4529, S4531, S4533–S4535, S4537 [16JY], S5401 [9SE], S5493 [10SE]

——— decision in Citizens United v. FEC on corporate political contributions used for political speech, S2582, S2601 [1MY], S2842 [8MY], S3214 [21MY], S4892 [24JY], S5351, S5357, S5360 [8SE], S5393, S5397, S5407, S5419 [9SE], S5495, S5501 [10SE]

Target Brands, Inc.: request for shoppers to not carry firearms in stores even where open carry is permitted by local laws, S4206 [7JY]

Taxation: establish a deduction for married couples who are both employed and have young children, increase the earned income tax credit for childless workers, and close certain tax loopholes (S. 2162), S1776 [26MR], S2146 [3AP], S2214 [8AP], S2441 [29AP], S3002 [14MY]

——— expand availability of employee stock ownership plans in corporations, S5300 [31JY]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections, S6254 [2DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), S6281 [3DE], S6336–S6339 [4DE], S6396 [8DE], S6400, S6439 [9DE], S6506 [10DE], S6887, S6898–S6903, S6911 [16DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), correction in enrollment (H. Con. Res. 124), S6903 [16DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), motion to proceed, S6823, S6832, S6833, S6836 [15DE], S6869 [16DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), unanimous-consent agreement, S6898 [16DE]

——— extend certain expiring provisions of the Internal Revenue Code and make technical corrections (H.R. 5771), unanimous-consent request, S6739 [12DE]

——— extend total bonus depreciation, S3007 [14MY]

——— lower corporate tax rate to promote more corporations remaining in the U.S. and under U.S. ownership and control, S2856 [8MY]

——— make permanent the reduced recognition period for built-in gains for S corporations, S4872 [24JY]

——— make permanent the reduced recognition period for built-in gains for S corporations (H.R. 4453), S3687 [16JN], S3691 [17JN]

——— make permanent the reduced tax rate for repatriated corporate income, S4721 [23JY]

——— modify rules relative to inverted corporations in order to prevent tax avoidance by domestic companies moving operations to foreign countries (S. 2360), S3188 [20MY], S4722, S4724 [23JY], S5405–S5407 [9SE]

——— proposed merger of Pfizer Inc., and AstraZeneca PLC relative to treatment of existing inversions by corporations to avoid the U.S. corporate tax by reincorporating in a foreign country, S2932–S2935 [13MY]

——— reduce the corporate income tax rate, S4691–S4694 [22JY], S4873 [24JY]

——— reform international tax system, S4755 [23JY]

——— reform rules relative to partnership audits and adjustments (S. 3018), S6921 [16DE]

——— reform the Federal tax code, S2933–S2935 [13MY], S6891 [16DE]

Reports filed

Consideration of H.R. 4453, Permanent S Corporation Built-in Gains Recognition Period Act: Committee on Rules (House) (H. Res. 616) (H. Rept. 113–472), H5248 [10JN]

Consideration of H.R. 5771, Tax Increase Prevention Act and H.R. 647, Achieving a Better Life Experience (ABLE) Act: Committee on Rules (House) (H. Res. 766) (H. Rept. 113–643), H8272 [2DE]

Permanent CFC Look-Through Act: Committee on Ways and Means (House) (H.R. 4464) (H. Rept. 113–428), H3412 [2MY]

Permanent S Corporation Built-in Gains Recognition Period Act: Committee on Ways and Means (House) (H.R. 4453) (H. Rept. 113–429), H3412 [2MY]

Permanent S Corporation Charitable Contributions Act: Committee on Ways and Means (House) (H.R. 4454) (H. Rept. 113–430), H3412 [2MY]

Trade Secrets Protection Act: Committee on the Judiciary (House) (H.R. 5233) (H. Rept. 113–657), H9302 [11DE]

Summaries

Partnership Tax Audits and Adjustments Rules Reform (S. 3018), S6922 [16DE]

Texts of

H. Con. Res. 124, correction in enrollment of H.R. 5771, Tax Increase Prevention Act, H8998 [10DE]

H. Res. 616, consideration of H.R. 4453, Permanent S Corporation Built-in Gains Recognition Period Act, H5259 [11JN]

H. Res. 766, consideration of H.R. 5771, Tax Increase Prevention Act and H.R. 647, Achieving a Better Life Experience (ABLE) Act, H8305 [3DE]

H.R. 4453, S Corporation Permanent Tax Relief Act, H5324 [12JN]

H.R. 5771, Tax Increase Prevention Act, H8323–H8335 [3DE]

S. 2360, Stop Corporate Inversions Act, S3189 [20MY]

S. 2540, Patriot Employer Tax Credit Act, S4156–S4158 [26JN]

S. Res. 289, discourage ambush marketing relative to Olympic Games by entities that adversely effect the ability of Team USA to attract sponsorships, S834 [6FE]

S. Res. 511, encourage corporate, academic, and social entities to develop rules requiring consideration of minority candidates when searching for a business vendor or filling leadership positions, S4714 [22JY]