HR 2210
116th Congress
House
Taxation
Capital gains tax
Foreign and international corporations
Real estate business
Tax administration and collection, taxpayers
Taxation of foreign income
U.S. and foreign investments
Invest in America Act
Introduced: April 10, 2019
Introduced by:
Larson, John B.
Democratic
· Connecticut
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 10, 2019
Referred to the House Committee on Ways and Means.
Apr 10, 2019
Introduced in House
Plain-English summary
Invest in America Act
This bill repeals several tax provisions that were included in the Foreign Investment in Real Property Tax Act of 1980. The bill repeals provisions that imposed (1) capital gains taxes on dispositions of investments in U.S. real property by foreign citizens, and (2) related tax withholding and reporting requirements.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1