HR 3303
99th Congress
House
Taxation
Credit
Finance and Financial Sector
Foreign Trade and Investments
Foreign loans
Income tax
Interest
Tax administration
A bill to amend the Internal Revenue Code of 1954 to provide that the treatment of loans with below-market interest rates shall not apply to loans to foreign governments.
Introduced: September 12, 1985
Introduced by:
Schumer, Charles E.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 12, 1985
Referred to House Committee on Ways and Means.
Sep 12, 1985
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to provide that special rules relating to the treatment of loans with below-market interest rates shall not apply to loans made to foreign governments.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1