H.R.4204: International Regulated Investment Company Act of 2017

About This Bill

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Bill Summary

International Regulated Investment Company Act of 2017 This bill amends the Internal Revenue Code to provide for international regulated investment companies (IRICs) and specify rules for the taxation of IRICs. An IRIC is a regulated investment company (i.e., a mutual fund) that has all of its outstanding stock held by foreign shareholders, including nonresident alien individuals (and their foreign estates) and qualified foreign pension...

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 1, 2017
Referred to the House Committee on Ways and Means.
Nov. 1, 2017

Introduced in the House by Kenny Marchant (R-Texas)

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