House Bill 5145
115th Congress(2017-2018)
Close Tax Loopholes That Outsource American Jobs Act
Introduced
Introduced in House on Mar 1, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5145
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Close Tax Loopholes That Outsource American Jobs Act
This bill amends the Internal Revenue Code to repeal the tax deduction for a portion of a domestic corporation's foreign-derived intangible income and global intangible low-taxed income.
March 1, 2018
03/01/2018
Referred to the House Committee on Ways and Means.
03/01/2018
Sponsor introductory remarks on measure. (CR H1732-1733)
03/01/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:40:21 PM