H.R. 961 · 114th Congress
Permanent Active Financing Exception Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
TiberiSponsor16 cosponsors · 6 D, 10 R
R
Boustany
RK
D
Kind
JL
D
Larson
RN
D
Neal
BP
D
Pascrell
PR
R
Roskam
TR
R
Reed
MT
D
Thompson
TY
R
Young
LS
D
Sánchez
AS
R
Schock
SJ
R
Johnson
AS
R
Smith
KM
R
Marchant
KN
R
Noem
EP
R
Paulsen9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
What it does: CRS summary · Reported to House with amendment(s) · Oct 23, 2015
Permanent Active Financing Exception Act of 2015
(Sec. 2) This bill 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Permanent Active Financing Exception Act of 2015
Latest action (Oct 23, 2015): Placed on the Union Calendar, Calendar No. 233.
Policy area: Taxation · Origin: House · Introduced: Feb 12, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.