HR 961 · 114th Congress · Taxation
Permanent Active Financing Exception Act of 2015
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 233.(2015-10-23)
Plain Language Summary
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Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 961, Permanent Active Financing Exception Act of 2015
Sep 23, 2015As ordered reported by the House Committee on Ways and Means on September 17, 2015
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (16)
6 Democrats10 Republicans