Legislation Coming Up — Nov 25, 2015 3:07 a.m.
This bill has been added to the Senate’s floor schedule for the next legislative day.
Last Action: This bill passed in the House on June 9, 2015 and goes to the Senate next for consideration.
Nov 19, 2004
108th Congress, 2003–2004
This bill was introduced on November 19, 2004, in a previous session of Congress, but was not enacted.
Resident Commissioner for Puerto Rico At Large
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Last Updated: Nov 19, 2004
Length: 3 pages
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.
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.
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.
The committee chair determines whether a bill will move past the committee stage.
There have been no roll call votes related to this bill.
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Civic Impulse. (2015). H.R. 5396 — 108th Congress: Financial Transactions Equity Act of 2004. Retrieved from https://www.govtrack.us/congress/bills/108/hr5396
“H.R. 5396 — 108th Congress: Financial Transactions Equity Act of 2004.” www.GovTrack.us. 2004. November 26, 2015 <https://www.govtrack.us/congress/bills/108/hr5396>
|title=H.R. 5396 (108th)
|accessdate=November 26, 2015
|author=108th Congress (2004)
|date=November 19, 2004
|quote=Financial Transactions Equity Act of 2004