Skip to main content
HR 737 108th Congress House

Corporate Patriot Enforcement Act of 2003

Official title: To amend the Internal Revenue Code of 1986 to prevent corporate expatriation to avoid United States income taxes.

Introduced: February 12, 2003 Introduced by: Neal, Richard E. Democratic · Massachusetts See on congress.gov
Taxation CommerceCorporate mergersCorporation taxesFinance and Financial Sector
More subjectsShow fewer subjects
Foreign Trade and International FinanceForeign corporationsIncome taxPartnershipsStock exchangesStockholdersTax evasion
Sign in to write a letter Sign in to watch
This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 12, 2003
Referred to the House Committee on Ways and Means.
Feb 12, 2003
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action February 12, 2003

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Corporate Patriot Enforcement Act of 2003 - Amends the Internal Revenue Code by determining that acquiring corporations in"corporate expatriation transactions" shall be considered domestic corporations. Defines a "corporate expatriation transaction" as, with certain exceptions, one in which a "nominally foreign corporation" acquires substantially all of the properties held by a domestic corporation and in which, immediately after the transaction, more than 80 percent of the stock of the acquiring corporation is held by former shareholders of the domestic corporation. Lowers the 80 percent threshold to 50 percent when the acquiring "nominally foreign corporation" lacks substantial business activities in the foreign country in which it was created and organized compared to the total activities of the "expanded affiliated group" and the stock is publicly traded, with the principal market of trading being the United States. Defines the terms "nominally foreign corporation" and "expanded affiliated group."

Applies similar rules to partnership transactions.

Establishes that a series of related transactions relevant to the Act shall be handled as a single transaction.

 Related & companion bills 1
  • S 384 Identical bill Corporate Patriot Enforcement Act of 2003
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 34
All 34 Democratic 31 Independent 1
D
Bishop, Sanford D.
Georgia · Oct 28, 2003
 D
Case, Ed
Hawaii · Jul 10, 2003
 D
Davis, Danny K.
Illinois · Jun 25, 2003
 D
Larsen, Rick
Washington · May 9, 2003
MOLLOHAN, ALAN
· May 7, 2003
KANJORSKI, PAUL
· May 6, 2003
 D
DeGette, Diana
Colorado · May 1, 2003
 D
Smith, Adam
Washington · Apr 30, 2003
 D
Waters, Maxine
California · Apr 11, 2003
 D
Thompson, Mike
California · Apr 3, 2003
 D
Baldwin, Tammy
Wisconsin · Feb 12, 2003
 D
DeLauro, Rosa L.
Connecticut · Feb 12, 2003
 D
Doggett, Lloyd
Texas · Feb 12, 2003
 D
Hoyer, Steny H.
Maryland · Feb 12, 2003
 D
Kaptur, Marcy
Ohio · Feb 12, 2003
 D
Larson, John B.
Connecticut · Feb 12, 2003
 D
Lofgren, Zoe
California · Feb 12, 2003
 D
Lynch, Stephen F.
Massachusetts · Feb 12, 2003
 D
Markey, Edward J.
Massachusetts · Feb 12, 2003
 D
McCollum, Betty
Minnesota · Feb 12, 2003
 D
McGovern, James P.
Massachusetts · Feb 12, 2003
 D
Nadler, Jerrold
New York · Feb 12, 2003
 D
Norton, Eleanor Holmes
District of Columbia · Feb 12, 2003
 D
Pallone, Frank
New Jersey · Feb 12, 2003
 D
Pelosi, Nancy
California · Feb 12, 2003
 D
Sánchez, Linda T.
California · Feb 12, 2003
 I
Sanders, Bernard
Vermont · Feb 12, 2003
 D
Schakowsky, Janice D.
Illinois · Feb 12, 2003
 D
Schiff, Adam B.
California · Feb 12, 2003
 D
Scott, Robert C. "Bobby"
Virginia · Feb 12, 2003
 D
Sherman, Brad
California · Feb 12, 2003
 D
Thompson, Bennie G.
Mississippi · Feb 12, 2003
 D
Van Hollen, Chris
Maryland · Feb 12, 2003
 D
Velázquez, Nydia M.
New York · Feb 12, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 737: Corporate Patriot Enforcement Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-737/
MLA
"H.R. 737: Corporate Patriot Enforcement Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-737/.
Bluebook (legal)
H.R. 737, 108th Cong. (2026), https://openamerica.io/bill/108-HR-737/.
Markdown link
[H.R. 737: Corporate Patriot Enforcement Act of 2003](https://openamerica.io/bill/108-HR-737/)
Report a problem