HR 5846 · 101th Congress · Taxation
To amend the Internal Revenue Code of 1986 to impose a 100 percent tax on income from frozen Iraqi assets.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1990-10-17)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to impose a 100 percent tax on income from frozen Iraqi assets. Authorizes the President to modify such tax if the armed forces of Iraq withdraw from Kuwait within the time and in the manner determined by the President.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
10 Democrats10 Republicans