H.R.2057: Tax Fairness and Transparency Act

About This Bill

  • Introduced April 6, 2017
  • Latest Major Action April 6, 2017

Bill Sponsor

Bill Version

Bill Summary

Tax Fairness and Transparency Act This bill amends the Internal Revenue Code to limit the tax deduction of the interest expense of a U.S. corporation that is a member of a financial reporting group (a group that prepares consolidated financial statements according to accepted accounting principles or international financial reporting standards) to: (1) the amount of interest on indebtedness of the corporation includible in the corporation's...

(Source: Library of Congress)

Bill Actions

Date Description
April 6, 2017
Referred to House Financial Services
April 6, 2017
Referred to House Ways and Means
April 6, 2017
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
April 6, 2017

Introduced in the House by Mark Pocan (D-Wis.)

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