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- H.R.707
H.R.707: Investment Competitiveness Act of 1997
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Feb. 12, 1997
- Latest Major Action Feb. 12, 1997
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 2 Republicans)
Bill Summary
Investment Competitiveness Act of 1997 - Amends the Internal Revenue Code to exempt interest-related dividends and short-term capital gain dividends received from a regulated investment company from the 30 percent tax on the income of nonresident aliens and foreign corporations not connected with a U.S. business, subject to exception. Revises provisions concerning: (1) the estate tax treatment of stock in certain regulated investment companies...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| Feb. 12, 1997 |
Introduced in the House by Philip M. Crane (R-Ill.) |