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- H.R.2225
H.R.2225: PRIMED Act
About This Bill
- Introduced May 1, 2015
- Latest Major Action May 1, 2015
Bill Sponsor
Bill Summary
Prioritizing Reinvestment in Infrastructure and Military while Eliminating Debt Act of 2015 or the PRIMED Act This bill amends the Internal Revenue Code to allow corporate taxpayers to elect a tax deduction for cash dividends received from a controlled foreign corporation during the period beginning after the bill's enactment date and ending on December 31, 2016. The dividends received are subject to an effective tax rate of 5.25% when...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
May 1, 2015 |
Referred to House Budget
|
May 1, 2015 |
Referred to House Ways and Means
|
May 1, 2015 |
Introduced in the House by Mark Meadows (R-N.C.) |