Bill113th CongressFiled Sep 18, 2014Taxation
S. 2895
Pay What You Owe Before You Go Act
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Sep 18, 2014)
Pay What You Owe Before You Go Act - Amends the Internal Revenue Code to require the recapture in subpart F income (i.e., income of a controlled foreign corporation earned outside the United States which is not tax deferred) the accumulated deferred foreign income of such corporation (i.e., the undistributed earnings of the controlled foreign corporation over its undistributed U.S. earnings) for its last taxable year.
What just happenedSep 18, 2014
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Brown, Sherrod [D-OH](D-OH)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills3subjects
- Introduced in SenateSep 18, 2014
- Sep 18, 2014IntroReferral
Read twice and referred to the Committee on Finance.
- Sep 18, 2014IntroReferral10000
Introduced in Senate