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S 45 in Congressional Session 112
Official Summary
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Bill Number : S 45
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Title : Offshoring Prevention Act
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SUMMARY AS OF:
1/25/2011--Introduced. Offshoring Prevention Act - Amends the Internal Revenue Code to include in foreign base company income, for purposes of determining the foreign trade income of controlled foreign corporations, imported property income. Defines "imported property income" as, with certain exceptions, income attributable to property manufactured outside of the United States and imported for sale into the United States. Provides for a separate application of limitations on the foreign tax credit for imported property income.
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Votes
| Title : Offshoring Prevention Act |
| Votes in the US Senate |
| This Bill was not Voted in the US Senate |
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| Votes in the US House |
| This Bill was not Voted in the US House |
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Sponsors
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| Congressional Sponsors of S 45 |
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| Bill Number : S 45 |
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| Title : Offshoring Prevention Act |
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| Sponsor: Sen Whitehouse, Sheldon [RI] (introduced 1/25/2011) |
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ALPHABETICAL [followed by Cosponsors withdrawn]: (Sort: by date)Sen Boxer, Barbara [CA] - 1/25/2011
Sen Brown, Sherrod [OH] - 1/25/2011
Sen Durbin, Richard [IL] - 1/25/2011
Sen Harkin, Tom [IA] - 1/25/2011
Sen Johnson, Tim [SD] - 2/7/2011
Sen Leahy, Patrick J. [VT] - 1/25/2011
Sen Levin, Carl [MI] - 1/31/2011
Sen Sanders, Bernard [VT] - 1/25/2011
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Other Info
| Bill Number : S 45 |
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| Title : Offshoring Prevention Act |
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| MAJOR ACTIONS: |
| ***NONE*** |
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| ALL ACTIONS: |
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| 1/25/2011:Sponsor introductory remarks on measure. (CR S152-153) |
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| 1/25/2011:Read twice and referred to the Committee on Finance. |
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