Skip to main content
H.R. 1834 112th Congress House

Freedom to Invest Act of 2011

Official title: To amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for 2011 or 2012.

Introduced: November 2, 2011 See on congress.gov
Taxation Corporate finance and managementIncome tax deductionsInterest, dividends, interest ratesTaxation of foreign incomeUnemployment
Sign in to write a letter Sign in to watch
This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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
May 11, 2011
Referred to the House Committee on Ways and Means.
May 11, 2011
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 May 11, 2011

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Freedom to Invest Act of 2011 - Amends the Internal Revenue Code to: (1) extend the election allowed to a U.S. corporation to deduct dividends received from a controlled foreign corporation to the corporation's last taxable year beginning before the enactment of this Act or the first taxable year beginning during the one-year period beginning on such enactment date, and (2) reduce the amount of such tax deduction for corporations that fail to maintain specified employment levels for full-time U.S. employees.

 Related & companion bills 2
  • HR 3400 Jobs Through Growth Act
  • S 1671 Foreign Earnings Reinvestment Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 61
All 61 Democratic 1 Republican 20
Murphy, Tim
· Dec 20, 2011
Olson, Pete
· Dec 14, 2011
Roby, Martha
· Dec 13, 2011
 R
Amodei, Mark E.
Nevada · Dec 5, 2011
Palazzo, Steven
· Dec 5, 2011
 R
Scott, Austin
Georgia · Dec 5, 2011
Tipton, Scott
· Dec 2, 2011
Bishop, Rob
· Dec 1, 2011
 R
Blackburn, Marsha
Tennessee · Dec 1, 2011
 R
Cole, Tom
Oklahoma · Dec 1, 2011
 R
Crawford, Eric A. "Rick"
Arkansas · Dec 1, 2011
Franks, Trent
· Dec 1, 2011
Granger, Kay
· Dec 1, 2011
Hultgren, Randy
· Dec 1, 2011
McHenry, Patrick
· Dec 1, 2011
 R
Stutzman, Marlin A.
Indiana · Dec 1, 2011
 R
Walberg, Tim
Michigan · Dec 1, 2011
 R
Wilson, Joe
South Carolina · Dec 1, 2011
Yoder, Kevin
· Dec 1, 2011
 R
Cassidy, Bill
Louisiana · Nov 29, 2011
FRELINGHUYSEN, RODNEY
· Nov 18, 2011
Altmire, Jason
· Nov 17, 2011
Kissell, Larry
· Nov 16, 2011
 R
Womack, Steve
Arkansas · Nov 16, 2011
Shuler, Heath
· Nov 3, 2011
Chandler, Ben
· Nov 2, 2011
 R
Jordan, Jim
Ohio · Nov 2, 2011
 R
Scalise, Steve
Louisiana · Nov 2, 2011
BIGGERT, JUDY
· Oct 27, 2011
 R
McCaul, Michael T.
Texas · Oct 27, 2011
Chaffetz, Jason
· Oct 25, 2011
 R
Latta, Robert E.
Ohio · Oct 25, 2011
Barrow, John
· Oct 11, 2011
 R
Kelly, Mike
Pennsylvania · Oct 5, 2011
Gowdy, Trey
· Sep 29, 2011
 R
Scott, Tim
South Carolina · Sep 26, 2011
Brooks, Mo
· Sep 22, 2011
BURTON, DAN
· Sep 21, 2011
Conaway, K.
· Sep 21, 2011
Gingrey, Phil
· Sep 21, 2011
Graves, Tom
· Sep 21, 2011
 R
Lummis, Cynthia M.
Wyoming · Sep 21, 2011
PENCE, MIKE
· Sep 21, 2011
Pierluisi, Pedro
· Sep 21, 2011
 R
Young, Todd
Indiana · Sep 21, 2011
 R
Harris, Andy
Maryland · Sep 19, 2011
Marchant, Kenny
· Sep 14, 2011
REHBERG, DENNY
· Sep 13, 2011
Rokita, Todd
· Sep 13, 2011
 R
Lankford, James
Oklahoma · Sep 12, 2011
Page 1 of 2 Next
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1834: Freedom to Invest Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-1834/
MLA
"H.R. 1834: Freedom to Invest Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-1834/.
Bluebook (legal)
H.R. 1834, 112th Cong. (2026), https://openamerica.io/bill/112-HR-1834/.
Markdown link
[H.R. 1834: Freedom to Invest Act of 2011](https://openamerica.io/bill/112-HR-1834/)
Report a problem