Renounce tweeted this evening about Congressman Tierney’s proposal to do away with the Foreign Income Exclusion. That caught my eye, and so I inquired of Andy Sundberg and ACA. If you wonder why the Tax Code is over 72,000 pages, after you read this information he sent me, you will wonder no more..

Andy writes:

As you are probably aware, there are also five other Democrats in the Congress who have now signed on to support Congressman Tierney’s legislation to get rid of the foreign earned income exclusion.

Steve Cohen [D-TN9]

Keith Ellison [D-MN5]

Raul Grijalva [D-AZ7]

Jesse Jackson [D-IL2]

Betty McCollum [D-MN4]

But the problem is vastly bigger.

You should also be aware of the fact that lots of other legislation has been introduced during the current 112^th Congress that addresses one or another variation on the theme of the taxation of foreign income. Forty seven of these are listed below.

This comes from a very fertile website named govtrack.us

You can sign up for free and follow the progress of all kinds of legislation here either by individual bill, or be generic subject category.

This is the link.

http://www.govtrack.us/congress/subjects.xpd?type=crs&term=Taxation+of+foreign+income

This is from their website on bills addressing foreign income:

Taxation of foreign income bills

Below are the 47 bills that are related to the “Taxation of foreign income” subject term. Click the Add Tracker button to the right to subscribe to this subject term.

The following is a list of current pending legislation in Congress. These bills and resolutions have been proposed by Members of Congress but may not have had any action taken on them on their path to becoming law. In fact, the vast majority of proposed legislation never becomes law.

	Bill	Status
	S. 1549: American Jobs Act of 2011	Reported by Committee Sep 14, 2011
	S. 940: Close Big Oil Tax Loopholes Act	Reported by Committee May 11, 2011
	S. 2091: United States Job Creation and International Tax Reform Act of 2012	Introduced Feb 9, 2012
	S. 2075: CUT Loopholes Act	Introduced Feb 7, 2012
	H.R. 3638: Act for the 99%	Introduced Dec 13, 2011
	S. 1960: Jobs Creation Act	Introduced Dec 7, 2011
	H.R. 3460: American Jobs First Act of 2011	Introduced Nov 17, 2011
	H.R. 3400: Jobs Through Growth Act	Introduced Nov 10, 2011
	S. 1837: Rebuilding America Act	Introduced Nov 9, 2011
	H.R. 3338: Stop Outsourcing and Create American Jobs Act of 2011	Introduced Nov 3, 2011
	S. 1671: Foreign Earnings Reinvestment Act	Introduced Oct 6, 2011
	S. 1616: Real Estate Investment and Jobs Act of 2011	Introduced Sep 22, 2011
	H.R. 3020: Puerto Rico Investment Promotion Act of 2011	Introduced Sep 22, 2011
	H.R. 2989: Real Estate Jobs and Investment Act of 2011	Introduced Sep 21, 2011
	H.R. 12: American Jobs Act of 2011	Introduced Sep 21, 2011
	H.R. 2862: Putting America Back to Work Act of 2011	Introduced Sep 7, 2011
	H.R. 2735: To amend the Internal Revenue Code of 1986 to make permanent the look-through treatment of payments between related controlled foreign corporations.	Introduced Aug 1, 2011
	H.R. 2669: Stop Tax Haven Abuse Act	Introduced Jul 27, 2011
	H.R. 2632: Life Sciences Jobs and Investment Act of 2011	Introduced Jul 25, 2011
	S. 1410: Life Sciences Jobs and Investment Act of 2011	Introduced Jul 25, 2011
	S. 1373: International Tax Competitiveness Act of 2011	Introduced Jul 14, 2011
	S. 1346: Stop Tax Haven Abuse Act	Introduced Jul 12, 2011
	H.R. 2495: Tax Equity and Middle Class Fairness Act of 2011	Introduced Jul 11, 2011
	H.R. 2280: Offshoring Prevention Act	Introduced Jun 22, 2011
	H.R. 2230: Internet Gambling Regulation and Tax Enforcement Act of 2011	Introduced Jun 16, 2011
	H.R. 1887: Free Trade With Cuba Act	Introduced May 12, 2011
	H.R. 1889: Gas Tax Holiday Act	Introduced May 12, 2011
	H.R. 1834: Freedom to Invest Act of 2011	Introduced May 11, 2011
	H.R. 1813: Gas Price Relief Act of 2011	Introduced May 10, 2011
	S. 727: Bipartisan Tax Fairness and Simplification Act of 2011	Introduced Apr 5, 2011
	H.R. 1163: Patriot Corporations of America Act of 2011	Introduced Mar 17, 2011
	S. 626: American Shipping Reinvestment Act of 2011	Introduced Mar 17, 2011
	H.R. 1036: Job Creation and Innovation Investment Act of 2011	Introduced Mar 11, 2011
	H.R. 1031: American Shipping Reinvestment Act of 2011	Introduced Mar 11, 2011
	H.R. 937: Rising Tides Act of 2011	Introduced Mar 4, 2011
	H.R. 936: Stop Taxing American Assistance to Afghanistan Act	Introduced Mar 3, 2011
	H.R. 749: To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income.	Introduced Feb 16, 2011
	H.R. 601: End Big Oil Tax Subsidies Act of 2011	Introduced Feb 10, 2011
	S. 258: Close Big Oil Tax Loopholes Act	Introduced Feb 2, 2011
	S. 45: Offshoring Prevention Act	Introduced Jan 25, 2011
	S.Res. 25: A resolution expressing the sense of the Senate that comprehensive tax reform legislation should include incentives for companies to repatriate foreign earnings for the purpose of creating new jobs.	Introduced Jan 25, 2011
	S. 13: Fair Tax Act of 2011	Introduced Jan 25, 2011
	H.R. 255: Cuba Reconciliation Act	Introduced Jan 7, 2011
	H.R. 25: Fair Tax Act of 2011	Introduced Jan 5, 2011
	H.R. 64: To amend the Internal Revenue Code of 1986 to prevent corporations from exploiting tax treaties to evade taxation of United States income.	Introduced Jan 5, 2011
	H.R. 99: Fair and Simple Tax Act of 2011	Introduced Jan 5, 2011
	H.R. 62: International Tax Competitiveness Act of 2011	Introduced Jan 5, 2011

27 thoughts on “Tracking Foreign Tax legislation in Congress”

@all…

BTW, for those looking for the Hale Sheppard’s article on “The Foreign Earned Income Exclusion: U.S. International Tax Policy, Political Reality, and the Need to Understand How the Two Intertwine”

That is number 37 on his list of 70 publications.

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Taxation of foreign income bills

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