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 ...
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The bill’s title was written by its sponsor.
Nov 19, 2004
This is the first step in the legislative process.
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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
Click a format for a citation suggestion:
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. October 5, 2015 <https://www.govtrack.us/congress/bills/108/hr5396>
|title=H.R. 5396 (108th)
|accessdate=October 5, 2015
|author=108th Congress (2004)
|date=November 19, 2004
|quote=Financial Transactions Equity Act of 2004