S.1475: Economic Revitalization Tax Act of 2001

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced Sept. 26, 2001
  • Latest Major Action Sept. 26, 2001

Bill Cosponsors

2 (2 Democrats, 1 Republican)

Bill Summary

Economic Revitalization Tax Act of 2001 - Amends Internal Revenue Code provisions concerning investment of earnings in U.S. property to set forth a separate rule governing any foreign corporation which is a controlled foreign corporation and is created or organized under the laws of the Commonwealth of Puerto Rico or a possession of the United States.Provides that in the case of certain dividends received by a domestic corporation from such a...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Sept. 26, 2001

Introduced in the Senate by John B. Breaux (D-La.)

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