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HR 6616 112th Congress House

To protect securities transactions in the United States from enforcement of certain excise taxes imposed by any foreign government, and for other purposes.

Introduced: December 3, 2012 See on congress.gov
Finance and Financial Sector EuropeFinancial services and investmentsFranceInternational law and treaties
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Sales and excise taxesSecuritiesTax administration and collection, taxpayers
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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 29, 2012
Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 29, 2012
Introduced in House
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 Latest action November 29, 2012

Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Plain-English summary Congressional Research Service

Prohibits the Secretary of the Treasury from assisting any foreign government with respect to the collection of any excise tax, related penalty, or related foreign judgment on securities transactions occurring on a U.S. exchange or over the counter within the United States, regardless of the nationality of the issuer of such security, the residence of any party to the transaction, or any existing tax treaty provision to the contrary (including Article 28 of the United States Tax Treaty With France).

Directs the Secretary, pursuant to Article 29 of such Treaty, to exempt transactions occuring in the United States which are: (1) on a U.S. stock exchange, (2) between U.S. individuals, or (3) with U.S. financial services firms or branches of foreign firms operating in the United States.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 6616: To protect securities transactions in the United States from enforcement of certain excise taxes imposed by any foreign government, and for other purposes.. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6616/
MLA
"H.R. 6616: To protect securities transactions in the United States from enforcement of certain excise taxes imposed by any foreign government, and for other purposes.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6616/.
Bluebook (legal)
H.R. 6616, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6616/.
Markdown link
[H.R. 6616: To protect securities transactions in the United States from enforcement of certain excise taxes imposed by any foreign government, and for other purposes.](https://openamerica.io/bill/112-HR-6616/)
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