H.R. 3142 · 117th Congress
Tax Parity for U.S. Mutual Funds Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DavisSponsor3 cosponsors · 2 D, 1 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill establishes international regulated investment companies (IRICs) and specifies rules for the taxation of such companies.
What it does: CRS summary · Introduced in House · May 12, 2021
Tax Parity for U.S. Mutual Funds Act of 2021
This bill establishes international regulated investment companies (IRICs) and specifies rules for the taxation of such companies. An IRIC is a regulated investment company (i.e., a mutual fund) that has all of its outstanding stock held by foreign shareholders, including nonresident alien individuals (and their foreign estates) and qualified foreign pension funds, and meets other specified requirements.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Tax Parity for U.S. Mutual Funds Act of 2021
Latest action (May 12, 2021): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: May 12, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.