HR 4598
116th Congress
House
Taxation
Employee benefits and pensions
Financial services and investments
Foreign and international corporations
Income tax exclusion
Real estate business
Taxation of foreign income
U.S. and foreign investments
To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 1, 2019
Referred to the House Committee on Ways and Means.
Oct 1, 2019
Introduced in House
Ask about this bill
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.
Plain-English summary
This bill exempts interests held by certain foreign insurance companies from provisions of the Foreign Investment in Real Property Tax Act of 1980 that tax foreign individuals or corporations on dispositions of investments in U.S. real property interests.
What's happening now
Referred to the House Committee on Ways and Means.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 4598: To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies.. 116th Congress. Open America. https://openamerica.io/bill/116-HR-4598/
"H.R. 4598: To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-4598/.
H.R. 4598, 116th Cong. (2026), https://openamerica.io/bill/116-HR-4598/.
[H.R. 4598: To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies.](https://openamerica.io/bill/116-HR-4598/)