H.R.1834: Freedom to Invest Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about taxation
  • Introduced May 11, 2011
  • Latest Major Action May 11, 2011

Bill Cosponsors

110 (17 Democrats, 93 Republicans)

Bill Summary

Freedom to Invest Act of 2011 - Amends the Internal Revenue Code to: (1) extend the election allowed to a U.S. corporation to deduct dividends received from a controlled foreign corporation to the corporation's last taxable year beginning before the enactment of this Act or the first taxable year beginning during the one-year period beginning on such enactment date, and (2) reduce the amount of such tax deduction for corporations that fail to...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
May 11, 2011

Introduced in the House by Kevin Brady (R-Texas)

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