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- H.R.95
H.R.95: Virgin Islands Improvement Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 6, 2009
- Latest Major Action Jan. 6, 2009
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Virgin Islands Improvement Act of 2009 - Amends the Internal Revenue Code to provide for a reduction of taxes on distributions from certain retirement savings plans designated as being under investment by the Virgin Islands Investment Program for at least 30 years. Defines "Virgin Islands Investment Program" for purposes of this Act as a fund with managed amounts of $50 billion or less. Imposes a 1% annual tax on managed funds to benefit...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Jan. 6, 2009 |
Introduced in the House by Donna M.C. Christensen (D-Virgin Islands) |