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Bill113th CongressFiled Apr 8, 2014Taxation
H.R. 4429

Permanent Active Financing Exception Act of 2014

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house with amendment(s) (May 2, 2014)

Permanent Active Financing Exception Act of 2014 - Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business.

What just happenedMay 2, 2014

Placed on the Union Calendar, Calendar No. 315.

Who’s behind it

Rep. Tiberi, Patrick J. [R-OH-12](R-OH)Sponsor
16 cosponsors7 D9 R
Read on Congress.gov
16cosponsors1committees8actions1related bills6subjects
  • Reported in HouseMay 2, 2014
  • Introduced in HouseApr 8, 2014
  1. May 2, 2014CalendarsH12410

    Placed on the Union Calendar, Calendar No. 315.

  2. May 2, 2014CommitteeH12200

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-427.

  3. May 2, 2014Committee5000

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-427.

  4. Apr 29, 2014Committee

    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 21 - 14.

  5. Apr 29, 2014Committee

    Committee Consideration and Mark-up Session Held.

  6. Apr 8, 2014IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  7. Apr 8, 2014IntroReferralIntro-H

    Introduced in House

  8. Apr 8, 2014IntroReferral1000

    Introduced in House

Reported to House with amendment(s)May 2, 201417

Permanent Active Financing Exception Act of 2014 - Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business.

Introduced in HouseApr 8, 2014

Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business.