HR 4429
113th Congress
House
Taxation
Financial services and investments
Foreign and international banking
Foreign and international corporations
Income tax exclusion
Insurance industry and regulation
Taxation of foreign income
Permanent Active Financing Exception Act of 2014
Introduced: April 8, 2014
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 2, 2014
Placed on the Union Calendar, Calendar No. 315.
May 2, 2014
Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-427.
Apr 29, 2014
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 21 - 14.
Apr 29, 2014
Committee Consideration and Mark-up Session Held.
Apr 8, 2014
Referred to the House Committee on Ways and Means.
Apr 8, 2014
Introduced in House
Plain-English summary
Permanent Active Financing Exception Act of 2014 - Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business.
What's happening now
Placed on the Union Calendar, Calendar No. 315.
Committees of jurisdiction
1