Bill116th CongressFiled Sep 26, 2019Taxation
H.R. 4509
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in house (Sep 26, 2019)
This bill amends the Internal Revenue Code to limit the scope of downward attribution rules to 50% of stock ownership in applying constructive ownership rules to controlled foreign corporations.
What just happenedSep 26, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Lewis, John [D-GA-5](D-GA)Sponsor
7 cosponsors4 D3 R
7cosponsors1committees3actions2related bills5subjects
- Introduced in HouseSep 26, 2019
- Sep 26, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 26, 2019IntroReferralIntro-H
Introduced in House
- Sep 26, 2019IntroReferral1000
Introduced in House