H.R.4986: To amend the Internal Revenue Code of 1986 to repeal the provisions relating to foreign sales corporations (FSCs) and to exclude extraterritorial income from gross income.

About This Bill

  • This bill was introduced in the 106th Congress
  • This bill is primarily about taxation
  • Introduced July 27, 2000
  • Latest Major Action Nov. 15, 2000

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.4986.

Bill Actions

Date Description
July 27, 2000

Introduced in the House by Bill Archer (R-Texas)

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