<billStatus>
 <version>
  3.0.0
 </version>
 <bill>
  <number>
   2847
  </number>
  <updateDate>
   2023-02-14T15:15:29Z
  </updateDate>
  <updateDateIncludingText>
   2023-02-14T15:15:29Z
  </updateDateIncludingText>
  <originChamber>
   House
  </originChamber>
  <type>
   HR
  </type>
  <introducedDate>
   2021-04-26
  </introducedDate>
  <congress>
   117
  </congress>
  <constitutionalAuthorityStatementText>
   &lt;pre&gt;[Congressional Record Volume 167, Number 71 (Monday, April 26, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Ms. MOORE of Wisconsin:H.R. 2847.Congress has the power to enact this legislation pursuantto the following:The Congress enacts this bill pursuant to Sections 7 &amp; 8 ofArticle I of the United States Constitution and Amendment XVIof the United States Constitution.[Page H2115]&lt;/pre&gt;
  </constitutionalAuthorityStatementText>
  <committees>
   <item>
    <systemCode>
     hswm00
    </systemCode>
    <name>
     Ways and Means Committee
    </name>
    <chamber>
     House
    </chamber>
    <type>
     Standing
    </type>
    <activities>
     <item>
      <name>
       Referred to
      </name>
      <date>
       2021-04-26T16:02:50Z
      </date>
     </item>
    </activities>
   </item>
  </committees>
  <relatedBills>
   <item>
    <title>
     Inflation Reduction Act of 2022
    </title>
    <congress>
     117
    </congress>
    <number>
     5376
    </number>
    <type>
     HR
    </type>
    <latestAction>
     <actionDate>
      2022-08-16
     </actionDate>
     <text>
      Became Public Law No: 117-169.
     </text>
    </latestAction>
    <relationshipDetails>
     <item>
      <type>
       Related bill
      </type>
      <identifiedBy>
       CRS
      </identifiedBy>
     </item>
    </relationshipDetails>
   </item>
   <item>
    <title>
     International Competition for American Jobs Act
    </title>
    <congress>
     117
    </congress>
    <number>
     5349
    </number>
    <type>
     S
    </type>
    <latestAction>
     <actionDate>
      2022-12-21
     </actionDate>
     <text>
      Read twice and referred to the Committee on Finance.
     </text>
    </latestAction>
    <relationshipDetails>
     <item>
      <type>
       Related bill
      </type>
      <identifiedBy>
       CRS
      </identifiedBy>
     </item>
    </relationshipDetails>
   </item>
  </relatedBills>
  <actions>
   <item>
    <actionDate>
     2021-04-26
    </actionDate>
    <text>
     Referred to the House Committee on Ways and Means.
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     H11100
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
    <committees>
     <item>
      <systemCode>
       hswm00
      </systemCode>
      <name>
       Ways and Means Committee
      </name>
     </item>
    </committees>
   </item>
   <item>
    <actionDate>
     2021-04-26
    </actionDate>
    <text>
     Introduced in House
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     Intro-H
    </actionCode>
    <sourceSystem>
     <code>
      9
     </code>
     <name>
      Library of Congress
     </name>
    </sourceSystem>
   </item>
   <item>
    <actionDate>
     2021-04-26
    </actionDate>
    <text>
     Introduced in House
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     1000
    </actionCode>
    <sourceSystem>
     <code>
      9
     </code>
     <name>
      Library of Congress
     </name>
    </sourceSystem>
   </item>
  </actions>
  <sponsors>
   <item>
    <bioguideId>
     M001160
    </bioguideId>
    <fullName>
     Rep. Moore, Gwen [D-WI-4]
    </fullName>
    <firstName>
     Gwen
    </firstName>
    <lastName>
     Moore
    </lastName>
    <party>
     D
    </party>
    <state>
     WI
    </state>
    <district>
     4
    </district>
    <isByRequest>
     N
    </isByRequest>
   </item>
  </sponsors>
  <cosponsors>
   <item>
    <bioguideId>
     F000465
    </bioguideId>
    <fullName>
     Rep. Ferguson, A. Drew, IV [R-GA-3]
    </fullName>
    <firstName>
     A.
    </firstName>
    <lastName>
     Ferguson
    </lastName>
    <party>
     R
    </party>
    <state>
     GA
    </state>
    <middleName>
     Drew
    </middleName>
    <district>
     3
    </district>
    <sponsorshipDate>
     2021-04-26
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     S001190
    </bioguideId>
    <fullName>
     Rep. Schneider, Bradley Scott [D-IL-10]
    </fullName>
    <firstName>
     Bradley
    </firstName>
    <lastName>
     Schneider
    </lastName>
    <party>
     D
    </party>
    <state>
     IL
    </state>
    <middleName>
     Scott
    </middleName>
    <district>
     10
    </district>
    <sponsorshipDate>
     2021-04-26
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     E000298
    </bioguideId>
    <fullName>
     Rep. Estes, Ron [R-KS-4]
    </fullName>
    <firstName>
     Ron
    </firstName>
    <lastName>
     Estes
    </lastName>
    <party>
     R
    </party>
    <state>
     KS
    </state>
    <district>
     4
    </district>
    <sponsorshipDate>
     2021-04-26
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     M001208
    </bioguideId>
    <fullName>
     Rep. McBath, Lucy [D-GA-6]
    </fullName>
    <firstName>
     Lucy
    </firstName>
    <lastName>
     McBath
    </lastName>
    <party>
     D
    </party>
    <state>
     GA
    </state>
    <district>
     6
    </district>
    <sponsorshipDate>
     2021-05-11
    </sponsorshipDate>
    <isOriginalCosponsor>
     False
    </isOriginalCosponsor>
   </item>
  </cosponsors>
  <policyArea>
   <name>
    Taxation
   </name>
  </policyArea>
  <subjects>
   <legislativeSubjects>
    <item>
     <name>
      Financial services and investments
     </name>
    </item>
    <item>
     <name>
      Foreign and international corporations
     </name>
    </item>
    <item>
     <name>
      Securities
     </name>
    </item>
    <item>
     <name>
      Taxation of foreign income
     </name>
    </item>
    <item>
     <name>
      U.S. and foreign investments
     </name>
    </item>
   </legislativeSubjects>
   <policyArea>
    <name>
     Taxation
    </name>
   </policyArea>
  </subjects>
  <summaries>
   <summary>
    <versionCode>
     00
    </versionCode>
    <actionDate>
     2021-04-26
    </actionDate>
    <actionDesc>
     Introduced in House
    </actionDesc>
    <updateDate>
     2021-10-12T16:21:08Z
    </updateDate>
    <text>
     &lt;p&gt;This bill restores the limitation on downward attribution rules to 50% of stock ownership in applying constructive ownership rules to controlled foreign corporations.&lt;/p&gt;
    </text>
   </summary>
  </summaries>
  <title>
   To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
  </title>
  <titles>
   <item>
    <titleType>
     Display Title
    </titleType>
    <title>
     To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
    </title>
   </item>
   <item>
    <titleType>
     Official Title as Introduced
    </titleType>
    <title>
     To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
    </title>
    <billTextVersionName>
     Introduced in House
    </billTextVersionName>
    <billTextVersionCode>
     IH
    </billTextVersionCode>
   </item>
  </titles>
  <textVersions>
   <item>
    <type>
     Introduced in House
    </type>
    <date>
     2021-04-26T04:00:00Z
    </date>
    <formats>
     <item>
      <url>
       https://www.govinfo.gov/content/pkg/BILLS-117hr2847ih/xml/BILLS-117hr2847ih.xml
      </url>
     </item>
    </formats>
   </item>
  </textVersions>
  <latestAction>
   <actionDate>
    2021-04-26
   </actionDate>
   <text>
    Referred to the House Committee on Ways and Means.
   </text>
  </latestAction>
 </bill>
 <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
  <dc:format>
   text/xml
  </dc:format>
  <dc:language>
   EN
  </dc:language>
  <dc:rights>
   Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
  </dc:rights>
  <dc:contributor>
   Congressional Research Service, Library of Congress
  </dc:contributor>
  <dc:description>
   This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
  </dc:description>
 </dublinCore>
</billStatus>

H11100
2021-04-26
Ways and Means Committee
hswm00
2
House floor actions
Referred to the House Committee on Ways and Means.
IntroReferral
Intro-H
2021-04-26
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-04-26
9
Library of Congress
Introduced in House
IntroReferral
2021-04-26T16:02:50Z
Referred to
House
Ways and Means Committee
hswm00
Standing
F000465
3
A.
Rep. Ferguson, A. Drew, IV [R-GA-3]
Ferguson
Drew
R
2021-04-26
GA
S001190
10
Bradley
Rep. Schneider, Bradley Scott [D-IL-10]
Schneider
Scott
D
2021-04-26
IL
E000298
4
Ron
Rep. Estes, Ron [R-KS-4]
Estes
R
2021-04-26
KS
M001208
6
Lucy
Rep. McBath, Lucy [D-GA-6]
McBath
D
2021-05-11
GA
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-04-26
2021-04-26
Referred to the House Committee on Ways and Means.
House
Taxation
2022-08-16
Became Public Law No: 117-169.
CRS
Related bill
Inflation Reduction Act of 2022
HR
2022-12-21
Read twice and referred to the Committee on Finance.
CRS
Related bill
International Competition for American Jobs Act
S
M001160
4
Gwen
Rep. Moore, Gwen [D-WI-4]
N
Moore
D
WI
Financial services and investments Foreign and international corporations Securities Taxation of foreign income U.S. and foreign investments
2021-04-26
Introduced in House
 <p>This bill restores the limitation on downward attribution rules to 50% of stock ownership in applying constructive ownership rules to controlled foreign corporations.</p>
2021-10-12T16:21:08Z
00
2021-04-26T04:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr2847ih/xml/BILLS-117hr2847ih.xml
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
Display Title
IH
Introduced in House
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
Official Title as Introduced
HR
2023-02-14T15:15:29Z
2023-02-14T15:15:29Z
3.0.0
2022-08-16
Became Public Law No: 117-169.
CRS
Related bill
Inflation Reduction Act of 2022
HR
2022-12-21
Read twice and referred to the Committee on Finance.
CRS
Related bill
International Competition for American Jobs Act
S
H11100
2021-04-26
Ways and Means Committee
hswm00
2
House floor actions
Referred to the House Committee on Ways and Means.
IntroReferral
Intro-H
2021-04-26
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-04-26
9
Library of Congress
Introduced in House
IntroReferral
M001160
4
Gwen
Rep. Moore, Gwen [D-WI-4]
N
Moore
D
WI
F000465
3
A.
Rep. Ferguson, A. Drew, IV [R-GA-3]
Ferguson
Drew
R
2021-04-26
GA
S001190
10
Bradley
Rep. Schneider, Bradley Scott [D-IL-10]
Schneider
Scott
D
2021-04-26
IL
E000298
4
Ron
Rep. Estes, Ron [R-KS-4]
Estes
R
2021-04-26
KS
M001208
6
Lucy
Rep. McBath, Lucy [D-GA-6]
McBath
D
2021-05-11
GA
Financial services and investments Foreign and international corporations Securities Taxation of foreign income U.S. and foreign investments
2021-04-26
Introduced in House
 <p>This bill restores the limitation on downward attribution rules to 50% of stock ownership in applying constructive ownership rules to controlled foreign corporations.</p>
2021-10-12T16:21:08Z
00
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
Display Title
IH
Introduced in House
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
Official Title as Introduced
2021-04-26
Referred to the House Committee on Ways and Means.