Bringing Back American Jobs Through Intellectual Property Repatriation Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8274 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8274 To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 7, 2024 Mr. LaHood (for himself, Mr. Ferguson, Mr. Smith of Nebraska, Mrs. Miller of West Virginia, Ms. Tenney, and Mr. Feenstra) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Bringing Back American Jobs Through Intellectual Property Repatriation Act''. SEC. 2. SPECIAL RULES FOR TRANSFERS OF INTANGIBLE PROPERTY FROM C…