HR 6374 · 110th Congress · Taxation

American Shipping Reinvestment Act of 2008

Introduced 2008-06-25· Sponsored by Rep. McDermott, Jim [D-WA-7]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2008-06-25)

Plain Language Summary

[AI summary unavailable — showing source text] American Shipping Reinvestment Act of 2008 - Amends the Internal Revenue Code to: (1) repeal shipping investment withdrawal tax rules; and (2) allow U.S. corporate shareholders a tax deduction for dividends attributable to foreign base company shipping income received from a controlled foreign corporation.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (3)

1 Democrat2 Republicans
Rep. English, Phil [R-PA-3]PA
Rep. Schwartz, Allyson Y. [D-PA-13]PA
Rep. Weller, Jerry [R-IL-11]IL