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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (1)

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To repeal the violation of sovereign nations' laws and privacy matters.

Actions Overview (1)

04/06/2017Introduced in House

All Actions (2)

04/06/2017Referred to the House Committee on Ways and Means.
Action By: House of Representatives
04/06/2017Introduced in House
Action By: House of Representatives

Cosponsors (3)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Sanford, Mark [R-SC-1] 04/26/2017
Rep. Schweikert, David [R-AZ-6] 06/26/2017
Rep. Posey, Bill [R-FL-8] 10/03/2017

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Ways and Means04/06/2017 Referred to

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Subjects (7)

Latest Summary (1)

There is one summary for H.R.2054. View summaries

Shown Here:
Introduced in House (04/06/2017)

This bill amends the Internal Revenue Code, with respect to tax administration requirements for foreign-source income and assets, to repeal: (1) withholding requirements for payments to foreign financial institutions and other foreign entities, (2) information reporting for foreign financial assets, (3) penalties for underpayments of tax attributable to undisclosed foreign financial assets, (4) reporting requirements for shareholders of a passive foreign investment company and U.S. owners of foreign trusts, and (5) the additional penalty for failure to file required notices and information returns for certain foreign trusts.