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HR 1267 107th Congress House

Investment Competitiveness Act

Official title: To amend the Internal Revenue Code of 1986 to provide tax treatment for foreign investment through a United States regulated investment company comparable to t… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to provide tax treatment for foreign investment through a United States regulated investment company comparable to the tax treatment for direct foreign investment and investment through a foreign mutual fund.

Introduced: March 28, 2001 See on congress.gov
Taxation AliensBusiness income taxCapital gains taxCommerce
More subjectsShow fewer subjects
DividendsEstate taxFinance and Financial SectorForeign Trade and International FinanceForeign corporationsForeign investmentsForeign ownership of real propertyImmigrationIncome taxInterestMutual fundsPersonal income taxReal estate investmentStockholdersStocks
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 28, 2001
Referred to the House Committee on Ways and Means.
Mar 28, 2001
Sponsor introductory remarks on measure. (CR E468-469)
Mar 28, 2001
Introduced in House
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 Latest action March 28, 2001

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Investment Competitiveness Act - Amends the Internal Revenue Code to exempt interest-related dividends and short-term capital gain dividends received from a regulated investment company from the 30 percent tax on the income of nonresident aliens and foreign corporations not connected with a U.S. business, subject to exception.

Revises provisions concerning: (1) the estate tax treatment of stock in certain regulated investment companies owned by a nonresident; and (2) the distribution of U.S. property by a qualified investment entity (currently, a real estate investment trust).

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1
DUNN, JENNIFER
· Mar 28, 2001
 D
Smith, Adam
Washington · Mar 28, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1267: Investment Competitiveness Act. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1267/
MLA
"H.R. 1267: Investment Competitiveness Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1267/.
Bluebook (legal)
H.R. 1267, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1267/.
Markdown link
[H.R. 1267: Investment Competitiveness Act](https://openamerica.io/bill/107-HR-1267/)
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