H.R.5857: Infrastructure and Global Tax Competitiveness Act of 2014

About This Bill

Bill Sponsor

Bill Summary

Infrastructure and Global Tax Competitiveness Act of 2014 - Amends the Internal Revenue Code, with respect to the taxation of earnings and profits of a deferred foreign income corporation, to: (1) make such earnings and profit subject to taxation in the last taxable year prior to January 1, 2015, (2) reduce the rate of tax on such earnings and profits by allowing an exemption of 75%, and (3) allow such corporations to elect to pay such tax in...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.5857.

Bill Actions

Date Description
Dec. 12, 2014
Referred to the Subcommittee on Highways and Transit.
Dec. 11, 2014
Referred to House Transportation and Infrastructure
Dec. 11, 2014
Referred to House Ways and Means
Dec. 11, 2014

Introduced in the House by John Delaney (D-Md.)

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