Congress: 103th

Sponsor: Representative Slaughter, Louise McIntosh (03/01/1994)

Committees: House - Ways and Means

Description: To amend the Internal Revenue Code of 1986 to provide that distributions from a controlled foreign corporation to a United States shareholder shall be excluded from gross income if at least a portion of the distribution is invested in certain property located in the United States and in the employment of new employees in the United States.

Lastest Action: 03/01/1994 Referred to the House Committee on Ways and Means.  (All Actions)

Official: H.R.3933 -- 103th Congress