H.R. 220 (103rd): To amend the Internal Revenue Code of 1986 to reinstate the tax on interest received by foreigners on certain portfolio investments.

Introduced:
Jan 05, 1993 (103rd Congress, 1993–1994)
Sponsor:
Rep. Andrew Jacobs Jr. [D-IN10]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 281 (104th) on Jan 04, 1995.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on January 5, 1993, in a previous session of Congress, but was not enacted.

Progress
Introduced Jan 05, 1993
Cosponsors
none
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Summary

No summaries available.

Text

Read Bill Text »

Last updated Jan 05, 1993.
3 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

1/5/1993--Introduced.
Repeals Internal Revenue Code provisions that permit an income tax exemption for interest earned on certain portfolio debt investments and received from U.S. sources by nonresident alien individuals and foreign corporations. Requires tax withholding in connection with such income.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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