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- H.R.2542
H.R.2542: American Shipping Reinvestment Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced May 21, 2009
- Latest Major Action May 21, 2009
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
31 (16 Democrats, 16 Republicans)
Bill Summary
American Shipping Reinvestment Act of 2009 - Amends the Internal Revenue Code to: (1) repeal shipping investment withdrawal tax rules; and (2) allow U.S. corporate shareholders an election to deduct dividends attributable to foreign base company shipping income received from a controlled foreign corporation.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Ways and Means.
|
|
May 21, 2009 |
Introduced in the House by Jim McDermott (D-Wash.) |