Bill > HR961

Introduced Session

Permanent Active Financing Exception Act of 2015 (Sec. 2) This bill amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business.

Committee Categories

Patrick Tiberi (R)*,  Charles Boustany (R),  Sam Johnson (R),  Ron Kind (D),  John Larson (D),  Kenny Marchant (R),  Richard Neal (D),  Kristi Noem (R),  Bill Pascrell (D),  Erik Paulsen (R),  Tom Reed (R),  Peter Roskam (R),  Linda Sánchez (D),  Aaron Schock (R),  Adrian Smith (R),  Mike Thompson (D),  Todd Young (R), 

Placed on the Union Calendar, Calendar No. 233. (on 10/23/2015)

Official Document