S.869: A bill to repeal the violation of sovereign nations' laws and privacy matters.

About This Bill

Bill Sponsor

Bill Cosponsors

2 (All Republicans)

Bill Version

Bill Summary

This bill amends the Internal Revenue Code, with respect to tax administration requirements for foreign-source income and assets, to repeal: (1) withholding requirements for payments to foreign financial institutions and other foreign entities, (2) information reporting for foreign financial assets, (3) penalties for underpayments of tax attributable to undisclosed foreign financial assets, (4) reporting requirements for shareholders of a...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.869.

Bill Actions

Date Description
April 6, 2017
Read twice and referred to the Committee on Finance.
April 6, 2017

Introduced in the Senate by Rand Paul (R-Ky.)

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