S 3359
110th Congress
Senate
Taxation
Air cargo
Commerce
Dividends
Finance and Financial Sector
Foreign Trade and International Finance
Foreign corporations
Income tax
Investments
Merchant ships
Stockholders
Tax deductions
Tax exclusion
Taxation of foreign income
Transportation and Public Works
American Shipping Reinvestment Act of 2008
Introduced: July 29, 2008
Introduced by:
Cantwell, Maria
Democratic
· Washington
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 29, 2008
Read twice and referred to the Committee on Finance.
Jul 29, 2008
Introduced in Senate
Plain-English summary
American Shipping Reinvestment Act of 2008 - Amends the Internal Revenue Code to: (1) repeal shipping investment withdrawal tax rules; and (2) allow U.S. corporate shareholders a tax deduction for dividends attributable to foreign base company shipping income received from a controlled foreign corporation.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1