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- H.R.281
H.R.281: To amend the Internal Revenue Code of 1986 to reinstate the tax on interest received by foreigners on certain portfolio investments.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced Jan. 4, 1995
- Latest Major Action July 12, 1995
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Repeals Internal Revenue Code provisions that permit an income tax exemption for interest earned on certain portfolio debt investments and received from U.S. sources by nonresident alien individuals and foreign corporations. Requires tax withholding in connection with such income.
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Ways and Means.
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Committee Hearings Held.
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Committee Hearings Held.
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| Jan. 4, 1995 |
Introduced in the House by Andrew Jacobs Jr. (D-Ind.) |