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- S.1610
S.1610: American Shipping Reinvestment Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Aug. 6, 2009
- Latest Major Action Aug. 6, 2009
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
10 (7 Democrats, 4 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 |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| Aug. 6, 2009 |
Introduced in the Senate by Maria Cantwell (D-Wash.) |