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A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.

USA117th CongressS-3217| Senate 
| Updated: 11/17/2021
Robert Menendez

Robert Menendez

Democratic Senator

New Jersey

Cosponsors (1)
Bill Cassidy (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill sets forth special tax rules for determining whether financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.
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Timeline
Jul 13, 2021

Latest Companion Bill Action

HR 117-4422
Introduced in House
Nov 17, 2021
Introduced in Senate
Nov 17, 2021
Read twice and referred to the Committee on Finance.
  • July 13, 2021

    Latest Companion Bill Action

    HR 117-4422
    Introduced in House


  • November 17, 2021
    Introduced in Senate


  • November 17, 2021
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 117-5376: Inflation Reduction Act of 2022
  • HR 117-4422: To amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.
Accounting and auditingCapital gains taxFinancial services and investmentsForeign and international corporationsSecuritiesTax administration and collection, taxpayersTaxation of foreign income

A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.

USA117th CongressS-3217| Senate 
| Updated: 11/17/2021
This bill sets forth special tax rules for determining whether financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 13, 2021

Latest Companion Bill Action

HR 117-4422
Introduced in House
Nov 17, 2021
Introduced in Senate
Nov 17, 2021
Read twice and referred to the Committee on Finance.
  • July 13, 2021

    Latest Companion Bill Action

    HR 117-4422
    Introduced in House


  • November 17, 2021
    Introduced in Senate


  • November 17, 2021
    Read twice and referred to the Committee on Finance.
Robert Menendez

Robert Menendez

Democratic Senator

New Jersey

Cosponsors (1)
Bill Cassidy (Republican)

Finance Committee

Taxation

Related Bills

  • HR 117-5376: Inflation Reduction Act of 2022
  • HR 117-4422: To amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accounting and auditingCapital gains taxFinancial services and investmentsForeign and international corporationsSecuritiesTax administration and collection, taxpayersTaxation of foreign income