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- S.1597
S.1597: American Jobs Act of 1996
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about congress
- Introduced March 7, 1996
- Latest Major Action March 15, 1996
Bill Sponsor
Bill Cosponsors
8 (All Democrats)
Bill Summary
American Jobs Act of 1996 - Amends the Internal Revenue Code to include imported property income of a controlled foreign corporation within the sums added together to compute foreign base company income. Defines imported income property to include, among other things, income from manufacturing, growing, selling, renting, or leasing imported property, but exempts any foreign oil and gas income or any foreign oil-related income. Provides for a...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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Sponsor introductory remarks on measure.
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March 7, 1996 |
Introduced in the Senate by Byron L. Dorgan (D-N.D.) |