HR-961 : Still Just a Bill


Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business.

Action Timeline

Action DateTypeTextSource
2015-10-23CalendarsPlaced on the Union Calendar, Calendar No. 233.House floor actions
2015-10-23CommitteeReported (Amended) by the Committee on Ways and Means. H. Rept. 114-307.House floor actions
2015-09-17CommitteeOrdered to be Reported (Amended) by the Yeas and Nays: 22 - 11.House committee actions
2015-09-17CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2015-02-12IntroReferralReferred to the House Committee on Ways and Means.House floor actions
2015-02-12IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Taxation
Related Subjects
  • Financial services and investments
  • Foreign and international banking
  • Foreign and international corporations
  • Income tax exclusion
  • Insurance industry and regulation
  • Taxation of foreign income
Related Geographic Entities
Related Organizations

Related Bills

See Related Bills