US SB2998 | 2019-2020 | 116th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Introduced on December 9 2019 - 25% progression, died in committee
Action: 2019-12-09 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 9 2019 - 25% progression, died in committee
Action: 2019-12-09 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to provide that installment payment of taxes on deferred foreign income shall not prevent a credit or refund of overpayments of tax or an increase in estimated taxes.
Title
Tax Payment Clarification Act
Sponsors
| Sen. Mike Braun [R-IN] | Sen. Kyrsten Sinema [I-AZ] | Sen. Pat Roberts [R-KS] | Sen. James Inhofe [R-OK] |
| Sen. Jerry Moran [R-KS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-12-09 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2985 (Related) 2019-05-23 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2998/all-info |
| Text | https://www.congress.gov/116/bills/s2998/BILLS-116s2998is.pdf |
