H.R. 3683 (98th): A bill to amend the Internal Revenue Code of 1954 to clarify the treatment of Guam banks as Guam corporations with respect to the taxation of passive income received from sources within the United States.

Introduced:

Jul 27, 1983
98th Congress, 1983–1984

Status:
Died in a previous Congress

This bill was introduced on July 27, 1983, in a previous session of Congress, but was not enacted.

Sponsor:

Antonio Won Pat

Delegate for Guam At Large

Democrat

About the bill

Summary (CRS)
7/27/1983--Introduced.Amends the Internal Revenue Code to exempt from the tax on foreign corporations connected with U.S. business any interest on U.S. obligations received by banks organized in Guam. Read more >
What is a bill?

The “H.R.” in “H.R. 3683” 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.

History

Introduced
Jul 27, 1983

Details

Cosponsors
none
Committee Assignments

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

Votes

There have been no votes related to this bill.

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Primary Source

THOMAS.gov (The Library of Congress)

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