HR 5473 · 111th Congress · Taxation

Investing Income at Home Act of 2010

Introduced 2010-05-28· Sponsored by Rep. Sánchez, Linda T. [D-CA-39]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2010-05-28)

Plain Language Summary

[AI summary unavailable — showing source text] Investing Income at Home Act of 2010 - Amends the Internal Revenue Code to exclude from the definition of "personal holding company income" foreign affiliate dividends designated for reinvestment in the United States. Imposes an additional tax on such dividends if they are not reinvested in the United States within five years.…

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

Cosponsors (3)

3 Democrats
Rep. Larsen, Rick [D-WA-2]WA
Rep. Smith, Adam [D-WA-9]WA
Rep. Dicks, Norman D. [D-WA-6]WA