H.R. 5396 (108th): Financial Transactions Equity Act of 2004


Nov 19, 2004
108th Congress, 2003–2004

Died in a previous Congress

This bill was introduced on November 19, 2004, in a previous session of Congress, but was not enacted.


Aníbal Acevedo-Vilá

Resident Commissioner for Puerto Rico At Large

Popular Democrat


Read Text »
Last Updated: Nov 19, 2004
Length: 3 pages

About the bill

Full Title

To amend the Internal Revenue Code of 1986 to allow a deduction for a portion of any dividend received by a domestic corporation from a qualified foreign corporation.

Summary (CRS)

Financial Transactions Equity Act of 2004 - Amends the Internal Revenue Code to allow a tax deduction for a certain percentage of the dividends received by a U.S. domestic corporation ... Read more >

The bill’s title was written by its sponsor.


Nov 19, 2004

This is the first step in the legislative process.

This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 5396”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


Committee Assignments

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


There have been no roll call votes related to this bill.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


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