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H.R.5145 - Close Tax Loopholes That Outsource American Jobs Act115th Congress (2017-2018) |

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Sponsor: Rep. DeLauro, Rosa L. [D-CT-3] (Introduced 03/01/2018)
Committees: House - Ways and Means
Latest Action: House - 03/01/2018 Referred to the House Committee on Ways and Means.  (All Actions)

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This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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  • Constitutional Authority Statement
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Summary: H.R.5145 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.5145. Bill summaries are authored by CRS.

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Introduced in House (03/01/2018)

Close Tax Loopholes That Outsource American Jobs Act

This bill amends the Internal Revenue Code to repeal the tax deduction for a portion of a domestic corporation's foreign-derived intangible income and global intangible low-taxed income.