H.R. 2210 · 116th Congress
Invest in America Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
LarsonSponsor21 cosponsors · 11 D, 10 R
D
Blumenauer
DD
D
Davis
GH
R
Holding
SH
D
Horsford
RK
D
Kind
DL
R
LaHood
KM
R
Marchant
BP
D
Pascrell
TS
D
Suozzi
JW
R
Walorski
MW
R
Walker
BB
D
Boyle
DN
R
Nunes
BF
R
Flores
RR
D
Ruiz
JA
R
Arrington
PK
R
King
DS
D
Soto
DB
D
Beyer
AF
R
Ferguson
PA
D
Aguilar10 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill repeals several tax provisions that were included in the Foreign Investment in Real Property Tax Act of 1980. The bill repeals provisions that imposed (1) capital gains taxes on dispositions of investments in U.S. real property by foreign citizens, and (2) related tax withholding and reporting requirements.
What it does: CRS summary · Introduced in House · Apr 10, 2019
Invest in America Act
This bill repeals several tax provisions that were included in the Foreign Investment in Real Property Tax Act of 1980. The bill repeals provisions that imposed (1) capital gains taxes on dispositions of investments in U.S. real property by foreign citizens, and (2) related tax withholding and reporting requirements.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Invest in America Act
Latest action (Apr 10, 2019): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Apr 10, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.