HR 1031 · 112th Congress · Taxation

American Shipping Reinvestment Act of 2011

Introduced 2011-03-11· Sponsored by Rep. Tiberi, Patrick J. [R-OH-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2011-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] American Shipping Reinvestment Act of 2011 - Amends the Internal Revenue Code to: (1) repeal shipping investment withdrawal tax rules; and (2) allow U.S. corporate shareholders an election to deduct 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 (17)

10 Democrats7 Republicans
Rep. McDermott, Jim [D-WA-7]WA
Rep. Thompson, Bennie G. [D-MS-2]MS
Rep. Rahall, Nick J., II [D-WV-3]WV
Rep. Schock, Aaron [R-IL-18]IL
Rep. Larsen, Rick [D-WA-2]WA
Rep. Nunes, Devin [R-CA-21]CA
Rep. Herger, Wally [R-CA-2]CA
Rep. Roskam, Peter J. [R-IL-6]IL
Rep. Boustany, Charles W., Jr. [R-LA-7]LA
Rep. Richmond, Cedric L. [D-LA-2]LA
Rep. LoBiondo, Frank A. [R-NJ-2]NJ
Rep. Mica, John L. [R-FL-7]FL
Rep. Owens, William L. [D-NY-23]NY
Rep. Andrews, Robert E. [D-NJ-1]NJ
Rep. Castor, Kathy [D-FL-11]FL
Rep. Rangel, Charles B. [D-NY-15]NY
Rep. Larson, John B. [D-CT-1]CT