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.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 9
  • All-Time: 5,595
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
05/11/11
 
 
 
 
 
 
 

Sponsor

Representative

Kevin Brady

R-TX

View Co-Sponsors (109)

Official Summary

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 t

Official Summary

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 Tax Reform
  • National Taxpayers Union
  • American Action Forum
  • American Council for Capital Formation
  • Devon Energy
  • Adobe Systems
  • ...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.


Latest Letters to Congress

See All Letters (3)
 


Vote on This Bill

73% Users Support Bill

8 in favor / 3 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC