H.R. 231 (101st): To amend the Internal Revenue Code of 1986 to reinstate the tax on interest received by foreigners on certain portfolio investments.


Jan 3, 1989
101st Congress, 1989–1990

Died in a previous Congress

This bill was introduced on January 3, 1989, in a previous session of Congress, but was not enacted.


Andrew Jacobs Jr.
Representative for Indiana's 10th congressional district

About the bill

Summary (CRS)
1/3/1989--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 ...

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Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 889 (102nd) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Feb 6, 1991

What is a bill?

The “H.R.” in “H.R. 231” means this is a House of Representatives bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

The bill’s title was written by its sponsor.


Jan 3, 1989


Committee Assignments

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There have been no votes related to this bill.

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THOMAS.gov (The Library of Congress)

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