US HB5933 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 18-0)
Status: Introduced on February 21 2020 - 25% progression, died in committee
Action: 2020-02-21 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 21 2020 - 25% progression, died in committee
Action: 2020-02-21 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires certain issuers of securities to annually disclose information related to the tax jurisdiction, income, and assets of their constituent entities on a country-by-country basis.
Title
Disclosure of Tax Havens and Offshoring Act
Sponsors
| Rep. Cindy Axne [D-IA] | Rep. Lloyd Doggett [D-TX] | Rep. Jennifer Wexton [D-VA] | Rep. Stephen Lynch [D-MA] |
| Rep. Mark Pocan [D-WI] | Rep. Eleanor Norton [D-DC] | Rep. Jamie Raskin [D-MD] | Rep. Jim Cooper [D-TN] |
| Rep. Andre Carson [D-IN] | Rep. Barbara Lee [D-CA] | Rep. Jesus Garcia [D-IL] | Rep. Angela Craig [D-MN] |
| Rep. Ilhan Omar [D-MN] | Rep. Brad Sherman [D-CA] | Rep. Bill Foster [D-IL] | Rep. Judy Chu [D-CA] |
| Rep. Raul Grijalva [D-AZ] | Rep. Don Beyer [D-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-21 | House | Referred to the House Committee on Financial Services. |
| 2020-02-21 | House | Introduced in House |
Same As/Similar To
SB1609 (Same As) 2019-05-22 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Administrative law and regulatory procedures
Finance and financial sector
Foreign and international corporations
Securities
Securities and Exchange Commission (SEC)
Tax administration and collection, taxpayers
Taxation of foreign income
Finance and financial sector
Foreign and international corporations
Securities
Securities and Exchange Commission (SEC)
Tax administration and collection, taxpayers
Taxation of foreign income
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/5933/all-info |
| Text | https://www.congress.gov/116/bills/hr5933/BILLS-116hr5933ih.pdf |
