Bill Summary & Status for the 106th Congress

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H.R.2270
Sponsor: Rep Portman, Rob(introduced 6/17/1999)
Latest Major Action: 6/17/1999 Referred to House committee
Title: To amend the Internal Revenue Code of 1986 to reform the interest allocation rules.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions) (Floor Actions/Congressional Record Page References)

          See also: Related House Committee Documents
6/17/1999:
Referred to the House Committee on Ways and Means.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSORS(6), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Rep Foley, Mark - 6/9/2000 Rep Johnson, Nancy L. - 5/3/2000
Rep Johnson, Sam - 6/22/2000 Rep Lewis, Ron - 5/3/2000
Rep Matsui, Robert T. - 6/17/1999 Rep Thurman, Karen L. - 7/26/2000

SUMMARY AS OF:
6/17/1999--Introduced.

Interest Allocation Reform Act - Amends the Internal Revenue Code to revise interest allocation rules under Part I (Source Rules and General Rules Relating to Foreign Income) of Subchapter N (Tax Based on Income From Sources Within or Without the United States).