Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.986
S.986: Investing in U.S. Territories, Not Corporations Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced May 12, 2011
- Latest Major Action May 12, 2011
Bill Sponsor
Bill Summary
Investing in U.S. Territories, Not Corporations Act of 2011 - Amends the Internal Revenue Code, with respect to shipments of rum to the United States from Puerto Rico and the Virgin Islands, to: (1) limit during a two-year period the amount of direct and indirect government assistance by the governments of Puerto Rico and the Virgin Islands to rum producers from rum excise taxes covered-over into the treasuries of such governments to 15% of...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Read twice and referred to the Committee on Finance.
|
|
May 12, 2011 |
Introduced in the Senate by Robert Menendez (D-N.J.) |