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HR 3448 112th Congress House

Returning Investment to America Act of 2011

Official title: To amend the Internal Revenue Code of 1986 to extend the deduction for dividends received from a controlled foreign corporation by any corporation that has inc… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to extend the deduction for dividends received from a controlled foreign corporation by any corporation that has increased wages or placed property in service for the year.

Introduced: November 16, 2011 See on congress.gov
Taxation Business investment and capitalCorporate finance and managementEmployee hiringForeign and international corporations
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Income tax deductionsInterest, dividends, interest ratesWages and earnings
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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
Nov 16, 2011
Referred to the House Committee on Ways and Means.
Nov 16, 2011
Introduced in House
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 Latest action November 16, 2011

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Returning Investment to America Act of 2011 - Amends the Internal Revenue Code to allow an extension of the election allowed to domestic corporations to deduct dividends received from controlled foreign corporations (election may be made for any taxable year beginning before December 31, 2012).  Limits the amount of such deduction in any taxable year to the amount by which the domestic corporation increases its payroll and by the amount of its investment in depreciable business assets.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
R
Webster, Daniel
Florida · Apr 25, 2012
 D
Welch, Peter
Vermont · Nov 16, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3448: Returning Investment to America Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-3448/
MLA
"H.R. 3448: Returning Investment to America Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-3448/.
Bluebook (legal)
H.R. 3448, 112th Cong. (2026), https://openamerica.io/bill/112-HR-3448/.
Markdown link
[H.R. 3448: Returning Investment to America Act of 2011](https://openamerica.io/bill/112-HR-3448/)
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