HR 4492 · 94th Congress · Finance and Financial Sector

A bill to repeal the last sentence of section 861(c) of the Internal Revenue Code of 1954.

Introduced 1975-03-10· Sponsored by Rep. Burleson, Omar [D-TX-17]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-03-10)

Plain Language Summary

[AI summary unavailable — showing source text] Provides for the inclusion in gross income of all interest received from banks, savings institutions, and insurance companies by nonresident aliens or foreign corporations under the Internal Revenue Code.…

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

Cosponsors (1)

1 Republican
Rep. Archer, Bill [R-TX-7]