H.R. 1031 (112th): American Shipping Reinvestment Act of 2011

Introduced:
Mar 11, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Patrick “Pat” Tiberi [R-OH12]
Status:
Died (Referred to Committee)
See Instead:

S. 626 (same title)
Referred to Committee — Mar 17, 2011

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 March 11, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 11, 2011
Referred to Committee Mar 11, 2011
Cosponsors
17 cosponsors (10D, 7R) (show)
Committees

House Ways and Means

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

Full Title

To amend the Internal Revenue Code of 1986 to repeal the shipping investment withdrawal rules in section 955 and to provide an incentive to reinvest foreign shipping earnings in the United States.

Summary

No summaries available.

Text

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Last updated Mar 11, 2011.
7 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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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.

3/11/2011--Introduced.
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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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