<billStatus>
 <version>
  3.0.0
 </version>
 <bill>
  <number>
   2976
  </number>
  <updateDate>
   2023-01-11T13:48:59Z
  </updateDate>
  <updateDateIncludingText>
   2023-01-11T13:48:59Z
  </updateDateIncludingText>
  <originChamber>
   House
  </originChamber>
  <type>
   HR
  </type>
  <introducedDate>
   2021-05-04
  </introducedDate>
  <congress>
   117
  </congress>
  <constitutionalAuthorityStatementText>
   &lt;pre&gt;[Congressional Record Volume 167, Number 77 (Tuesday, May 4, 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 Mr. DOGGETT:H.R. 2976.Congress has the power to enact this legislation pursuantto the following:Clause 1 of Section 8 of Article I of the United StatesConstitution.[Page H2142]&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>
       2021-05-04T14:03:15Z
      </date>
     </item>
    </activities>
   </item>
  </committees>
  <relatedBills>
   <item>
    <title>
     Stop Corporate Inversions Act of 2021
    </title>
    <congress>
     117
    </congress>
    <number>
     1501
    </number>
    <type>
     S
    </type>
    <latestAction>
     <actionDate>
      2021-04-29
     </actionDate>
     <text>
      Read twice and referred to the Committee on Finance. (text: CR S2364-2365)
     </text>
    </latestAction>
    <relationshipDetails>
     <item>
      <type>
       Identical bill
      </type>
      <identifiedBy>
       CRS
      </identifiedBy>
     </item>
    </relationshipDetails>
   </item>
   <item>
    <title>
     No Tax Breaks for Outsourcing Act
    </title>
    <congress>
     117
    </congress>
    <number>
     1785
    </number>
    <type>
     HR
    </type>
    <latestAction>
     <actionDate>
      2021-03-11
     </actionDate>
     <text>
      Referred to the House Committee on Ways and Means.
     </text>
    </latestAction>
    <relationshipDetails>
     <item>
      <type>
       Related bill
      </type>
      <identifiedBy>
       CRS
      </identifiedBy>
     </item>
    </relationshipDetails>
   </item>
   <item>
    <title>
     No Tax Breaks for Outsourcing Act
    </title>
    <congress>
     117
    </congress>
    <number>
     714
    </number>
    <type>
     S
    </type>
    <latestAction>
     <actionDate>
      2021-03-11
     </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>
     2021-05-04
    </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>
     2021-05-04
    </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>
     2021-05-04
    </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>
     D000399
    </bioguideId>
    <fullName>
     Rep. Doggett, Lloyd [D-TX-35]
    </fullName>
    <firstName>
     LLOYD
    </firstName>
    <lastName>
     DOGGETT
    </lastName>
    <party>
     D
    </party>
    <state>
     TX
    </state>
    <district>
     35
    </district>
    <isByRequest>
     N
    </isByRequest>
   </item>
  </sponsors>
  <cosponsors>
   <item>
    <bioguideId>
     C001068
    </bioguideId>
    <fullName>
     Rep. Cohen, Steve [D-TN-9]
    </fullName>
    <firstName>
     Steve
    </firstName>
    <lastName>
     Cohen
    </lastName>
    <party>
     D
    </party>
    <state>
     TN
    </state>
    <district>
     9
    </district>
    <sponsorshipDate>
     2021-05-04
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     C000754
    </bioguideId>
    <fullName>
     Rep. Cooper, Jim [D-TN-5]
    </fullName>
    <firstName>
     JAMES
    </firstName>
    <lastName>
     COOPER
    </lastName>
    <party>
     D
    </party>
    <state>
     TN
    </state>
    <middleName>
     H.
    </middleName>
    <district>
     5
    </district>
    <sponsorshipDate>
     2021-05-04
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     G000586
    </bioguideId>
    <fullName>
     Rep. Garcia, Jesus G. "Chuy" [D-IL-4]
    </fullName>
    <firstName>
     Jesus
    </firstName>
    <lastName>
     Garcia
    </lastName>
    <party>
     D
    </party>
    <state>
     IL
    </state>
    <middleName>
     G.
    </middleName>
    <district>
     4
    </district>
    <sponsorshipDate>
     2021-05-04
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     K000009
    </bioguideId>
    <fullName>
     Rep. Kaptur, Marcy [D-OH-9]
    </fullName>
    <firstName>
     MARCY
    </firstName>
    <lastName>
     KAPTUR
    </lastName>
    <party>
     D
    </party>
    <state>
     OH
    </state>
    <district>
     9
    </district>
    <sponsorshipDate>
     2021-05-04
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     K000389
    </bioguideId>
    <fullName>
     Rep. Khanna, Ro [D-CA-17]
    </fullName>
    <firstName>
     Ro
    </firstName>
    <lastName>
     Khanna
    </lastName>
    <party>
     D
    </party>
    <state>
     CA
    </state>
    <district>
     17
    </district>
    <sponsorshipDate>
     2021-05-04
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     M000312
    </bioguideId>
    <fullName>
     Rep. McGovern, James P. [D-MA-2]
    </fullName>
    <firstName>
     JAMES
    </firstName>
    <lastName>
     MCGOVERN
    </lastName>
    <party>
     D
    </party>
    <state>
     MA
    </state>
    <middleName>
     P.
    </middleName>
    <district>
     2
    </district>
    <sponsorshipDate>
     2021-05-04
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     N000147
    </bioguideId>
    <fullName>
     Del. Norton, Eleanor Holmes [D-DC-At Large]
    </fullName>
    <firstName>
     ELEANOR
    </firstName>
    <lastName>
     NORTON
    </lastName>
    <party>
     D
    </party>
    <state>
     DC
    </state>
    <middleName>
     HOLMES
    </middleName>
    <district>
     0
    </district>
    <sponsorshipDate>
     2021-05-04
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     S001145
    </bioguideId>
    <fullName>
     Rep. Schakowsky, Janice D. [D-IL-9]
    </fullName>
    <firstName>
     JANICE
    </firstName>
    <lastName>
     SCHAKOWSKY
    </lastName>
    <party>
     D
    </party>
    <state>
     IL
    </state>
    <middleName>
     D.
    </middleName>
    <district>
     9
    </district>
    <sponsorshipDate>
     2021-05-04
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     G000551
    </bioguideId>
    <fullName>
     Rep. Grijalva, Raúl M. [D-AZ-3]
    </fullName>
    <firstName>
     Raúl
    </firstName>
    <lastName>
     Grijalva
    </lastName>
    <party>
     D
    </party>
    <state>
     AZ
    </state>
    <middleName>
     M.
    </middleName>
    <district>
     3
    </district>
    <sponsorshipDate>
     2021-05-11
    </sponsorshipDate>
    <isOriginalCosponsor>
     False
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     P000607
    </bioguideId>
    <fullName>
     Rep. Pocan, Mark [D-WI-2]
    </fullName>
    <firstName>
     Mark
    </firstName>
    <lastName>
     Pocan
    </lastName>
    <party>
     D
    </party>
    <state>
     WI
    </state>
    <district>
     2
    </district>
    <sponsorshipDate>
     2021-06-30
    </sponsorshipDate>
    <isOriginalCosponsor>
     False
    </isOriginalCosponsor>
   </item>
  </cosponsors>
  <policyArea>
   <name>
    Taxation
   </name>
  </policyArea>
  <subjects>
   <legislativeSubjects>
    <item>
     <name>
      Administrative law and regulatory procedures
     </name>
    </item>
    <item>
     <name>
      Corporate finance and management
     </name>
    </item>
    <item>
     <name>
      Department of the Treasury
     </name>
    </item>
    <item>
     <name>
      Foreign and international corporations
     </name>
    </item>
    <item>
     <name>
      Income tax rates
     </name>
    </item>
    <item>
     <name>
      Taxation of foreign income
     </name>
    </item>
   </legislativeSubjects>
   <policyArea>
    <name>
     Taxation
    </name>
   </policyArea>
  </subjects>
  <summaries>
   <summary>
    <versionCode>
     00
    </versionCode>
    <actionDate>
     2021-05-04
    </actionDate>
    <actionDesc>
     Introduced in House
    </actionDesc>
    <updateDate>
     2021-09-02T15:31:21Z
    </updateDate>
    <text>
     &lt;p&gt;&lt;strong&gt;Stop Corporate Inversions Act of 2021&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;This bill revises rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States). The bill provides that a foreign corporation that acquires the properties of a U.S. corporation or partnership after May 8, 2014, shall be treated as an inverted corporation and thus subject to U.S. taxation if, after such acquisition (1) it holds more than 50% of the stock of the new entity (expanded affiliated group), or (2) the management or control of the new entity occurs primarily within the United States and the new entity has significant domestic business activities.&lt;/p&gt;
    </text>
   </summary>
  </summaries>
  <title>
   Stop Corporate Inversions Act of 2021
  </title>
  <titles>
   <item>
    <titleType>
     Display Title
    </titleType>
    <title>
     Stop Corporate Inversions Act of 2021
    </title>
   </item>
   <item>
    <titleType>
     Official Title as Introduced
    </titleType>
    <title>
     To amend the Internal Revenue Code of 1986 to modify the rules relating to inverted corporations.
    </title>
    <billTextVersionName>
     Introduced in House
    </billTextVersionName>
    <billTextVersionCode>
     IH
    </billTextVersionCode>
   </item>
   <item>
    <titleType>
     Short Title(s) as Introduced
    </titleType>
    <title>
     Stop Corporate Inversions Act of 2021
    </title>
    <billTextVersionName>
     Introduced in House
    </billTextVersionName>
    <billTextVersionCode>
     IH
    </billTextVersionCode>
   </item>
  </titles>
  <textVersions>
   <item>
    <type>
     Introduced in House
    </type>
    <date>
     2021-05-04T04:00:00Z
    </date>
    <formats>
     <item>
      <url>
       https://www.govinfo.gov/content/pkg/BILLS-117hr2976ih/xml/BILLS-117hr2976ih.xml
      </url>
     </item>
    </formats>
   </item>
  </textVersions>
  <latestAction>
   <actionDate>
    2021-05-04
   </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
2021-05-04
Ways and Means Committee
hswm00
2
House floor actions
Referred to the House Committee on Ways and Means.
IntroReferral
Intro-H
2021-05-04
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-05-04
9
Library of Congress
Introduced in House
IntroReferral
2021-05-04T14:03:15Z
Referred to
House
Ways and Means Committee
hswm00
Standing
C001068
9
Steve
Rep. Cohen, Steve [D-TN-9]
Cohen
D
2021-05-04
TN
C000754
5
JAMES
Rep. Cooper, Jim [D-TN-5]
COOPER
H.
D
2021-05-04
TN
G000586
4
Jesus
Rep. Garcia, Jesus G. "Chuy" [D-IL-4]
Garcia
G.
D
2021-05-04
IL
K000009
9
MARCY
Rep. Kaptur, Marcy [D-OH-9]
KAPTUR
D
2021-05-04
OH
K000389
17
Ro
Rep. Khanna, Ro [D-CA-17]
Khanna
D
2021-05-04
CA
M000312
2
JAMES
Rep. McGovern, James P. [D-MA-2]
MCGOVERN
P.
D
2021-05-04
MA
N000147
0
ELEANOR
Del. Norton, Eleanor Holmes [D-DC-At Large]
NORTON
HOLMES
D
2021-05-04
DC
S001145
9
JANICE
Rep. Schakowsky, Janice D. [D-IL-9]
SCHAKOWSKY
D.
D
2021-05-04
IL
G000551
3
Raúl
Rep. Grijalva, Raúl M. [D-AZ-3]
Grijalva
M.
D
2021-05-11
AZ
P000607
2
Mark
Rep. Pocan, Mark [D-WI-2]
Pocan
D
2021-06-30
WI
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.
2021-05-04
2021-05-04
Referred to the House Committee on Ways and Means.
House
Taxation
2021-04-29
Read twice and referred to the Committee on Finance. (text: CR S2364-2365)
CRS
Identical bill
Stop Corporate Inversions Act of 2021
S
2021-03-11
Referred to the House Committee on Ways and Means.
CRS
Related bill
No Tax Breaks for Outsourcing Act
HR
2021-03-11
Read twice and referred to the Committee on Finance.
CRS
Related bill
No Tax Breaks for Outsourcing Act
S
D000399
35
LLOYD
Rep. Doggett, Lloyd [D-TX-35]
N
DOGGETT
D
TX
Administrative law and regulatory procedures Corporate finance and management Department of the Treasury Foreign and international corporations Income tax rates Taxation of foreign income
2021-05-04
Introduced in House
 <p><strong>Stop Corporate Inversions Act of 2021</strong></p> <p>This bill revises rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States). The bill provides that a foreign corporation that acquires the properties of a U.S. corporation or partnership after May 8, 2014, shall be treated as an inverted corporation and thus subject to U.S. taxation if, after such acquisition (1) it holds more than 50% of the stock of the new entity (expanded affiliated group), or (2) the management or control of the new entity occurs primarily within the United States and the new entity has significant domestic business activities.</p>
2021-09-02T15:31:21Z
00
2021-05-04T04:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr2976ih/xml/BILLS-117hr2976ih.xml
Stop Corporate Inversions Act of 2021
Stop Corporate Inversions Act of 2021
Display Title
IH
Introduced in House
To amend the Internal Revenue Code of 1986 to modify the rules relating to inverted corporations.
Official Title as Introduced
IH
Introduced in House
Stop Corporate Inversions Act of 2021
Short Title(s) as Introduced
HR
2023-01-11T13:48:59Z
2023-01-11T13:48:59Z
3.0.0
2021-04-29
Read twice and referred to the Committee on Finance. (text: CR S2364-2365)
CRS
Identical bill
Stop Corporate Inversions Act of 2021
S
2021-03-11
Referred to the House Committee on Ways and Means.
CRS
Related bill
No Tax Breaks for Outsourcing Act
HR
2021-03-11
Read twice and referred to the Committee on Finance.
CRS
Related bill
No Tax Breaks for Outsourcing Act
S
H11100
2021-05-04
Ways and Means Committee
hswm00
2
House floor actions
Referred to the House Committee on Ways and Means.
IntroReferral
Intro-H
2021-05-04
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-05-04
9
Library of Congress
Introduced in House
IntroReferral
D000399
35
LLOYD
Rep. Doggett, Lloyd [D-TX-35]
N
DOGGETT
D
TX
C001068
9
Steve
Rep. Cohen, Steve [D-TN-9]
Cohen
D
2021-05-04
TN
C000754
5
JAMES
Rep. Cooper, Jim [D-TN-5]
COOPER
H.
D
2021-05-04
TN
G000586
4
Jesus
Rep. Garcia, Jesus G. "Chuy" [D-IL-4]
Garcia
G.
D
2021-05-04
IL
K000009
9
MARCY
Rep. Kaptur, Marcy [D-OH-9]
KAPTUR
D
2021-05-04
OH
K000389
17
Ro
Rep. Khanna, Ro [D-CA-17]
Khanna
D
2021-05-04
CA
M000312
2
JAMES
Rep. McGovern, James P. [D-MA-2]
MCGOVERN
P.
D
2021-05-04
MA
N000147
0
ELEANOR
Del. Norton, Eleanor Holmes [D-DC-At Large]
NORTON
HOLMES
D
2021-05-04
DC
S001145
9
JANICE
Rep. Schakowsky, Janice D. [D-IL-9]
SCHAKOWSKY
D.
D
2021-05-04
IL
G000551
3
Raúl
Rep. Grijalva, Raúl M. [D-AZ-3]
Grijalva
M.
D
2021-05-11
AZ
P000607
2
Mark
Rep. Pocan, Mark [D-WI-2]
Pocan
D
2021-06-30
WI
Administrative law and regulatory procedures Corporate finance and management Department of the Treasury Foreign and international corporations Income tax rates Taxation of foreign income
2021-05-04
Introduced in House
 <p><strong>Stop Corporate Inversions Act of 2021</strong></p> <p>This bill revises rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States). The bill provides that a foreign corporation that acquires the properties of a U.S. corporation or partnership after May 8, 2014, shall be treated as an inverted corporation and thus subject to U.S. taxation if, after such acquisition (1) it holds more than 50% of the stock of the new entity (expanded affiliated group), or (2) the management or control of the new entity occurs primarily within the United States and the new entity has significant domestic business activities.</p>
2021-09-02T15:31:21Z
00
Stop Corporate Inversions Act of 2021
Stop Corporate Inversions Act of 2021
Display Title
IH
Introduced in House
To amend the Internal Revenue Code of 1986 to modify the rules relating to inverted corporations.
Official Title as Introduced
IH
Introduced in House
Stop Corporate Inversions Act of 2021
Short Title(s) as Introduced
2021-05-04
Referred to the House Committee on Ways and Means.