H.R.1834 - Freedom to Invest Act of 2011

To amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for 2011 or 2012. view all titles (2)

All Bill Titles

  • Official: To amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for 2011 or 2012. as introduced.
  • Short: Freedom to Invest Act of 2011 as introduced.

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Bill's Views

  • Today: 27
  • Past Seven Days: 60
  • All-Time: 4,814
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
05/10/11
 
 
 
 
 
 
 

Sponsor

Representative

Kevin Brady

R-TX

View Co-Sponsors (109)

Official Summary

5/11/2011--Introduced.Freedom to Invest Act of 2011 - Amends the Internal Revenue Code to: (1) extend the election allowed to a U.S. corporation to deduct dividends received from a controlled foreign corporation to the corporation's last taxable year beginning before the enactment of

Official Summary

5/11/2011--Introduced.Freedom to Invest Act of 2011 - Amends the Internal Revenue Code to:
(1) extend the election allowed to a U.S. corporation to deduct dividends received from a controlled foreign corporation to the corporation's last taxable year beginning before the enactment of this Act or the first taxable year beginning during the one-year period beginning on such enactment date, and
(2) reduce the amount of such tax deduction for corporations that fail to maintain specified employment levels for full-time U.S. employees.

...Read the Rest

Organizations Supporting H.R.1834

  • Americans For Prosperity
  • Americans for Tax Reform
  • National Taxpayers Union
  • American Action Forum
  • American Council for Capital Formation
  • Devon Energy
  • ...and 13 more. See all.

Organizations Opposing H.R.1834

  • The Heritage Foundation
  • Business for Shared Prosperity
  • South Carolina Small Business Chamber of Commerce
  • Main Street Alliance
  • American Sustainable Business Council
  • American Made Alliance
  • ...and 6 more. See all.
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