HR 982 108th Congress

To clarify the tax treatment of bonds and other obligations issued by the Government of American Samoa.

Latest Action

Became Public Law No: 108-326.

Congress.gov

Sponsors

Summary

Amends the Internal Revenue Code to provide that the interest on any bonds issued by or on behalf of the Government of American Samoa shall be exempt from income taxation by the Government of American Samoa and the governments of any of the several States, the District of Columbia, any territory or possession of the United States, and any subdivision thereof.
(This measure has not been amended since it was introduced in the House on February 27, 2003. The summary of that version is repeated here.)Amends the Internal Revenue Code to provide that the interest on any bonds issued by or on behalf of the Government of American Samoa shall be exempt from income taxation by the Government of American Samoa and the governments of any of the several States, the District of Columbia, any territory or possession of the United States, and any subdivision thereof.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends the Internal Revenue Code to provide that the interest on any bonds issued by or on behalf of the Government of American Samoa shall be exempt from income taxation by the Government of American Samoa and the governments of any of the several States, the District of Columbia, any territory or possession of the United States, and any subdivision thereof.
This measure has not been amended since it was introduced in the House on February 27, 2003. The summary of that version is repeated here.) Amends the Internal Revenue Code to provide that the interest on any bonds issued by or on behalf of the Government of American Samoa shall be exempt from income taxation by the Government of American Samoa and the governments of any of the several States, the District of Columbia, any territory or possession of the United States, and any subdivision thereof.
This measure has not been amended since it was introduced in the House on February 27, 2003. The summary of that version is repeated here.) Amends the Internal Revenue Code to provide that the interest on any bonds issued by or on behalf of the Government of American Samoa shall be exempt from income taxation by the Government of American Samoa and the governments of any of the several States, the District of Columbia, any territory or possession of the United States, and any subdivision thereof.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends the Internal Revenue Code to provide that the interest on any bonds issued by or on behalf of the Government of American Samoa shall be exempt from income taxation by the Government of American Samoa and the governments of any of the several States, the District of Columbia, any territory or possession of the United States, and any subdivision thereof.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends the Internal Revenue Code to provide that the interest on any bonds issued by or on behalf of the Government of American Samoa shall be exempt from income taxation by the Government of American Samoa and the governments of any of the several States, the District of Columbia, any territory or possession of the United States, and any subdivision thereof.

Actions

2004-10-16T00:00:00

Became Public Law No: 108-326.

2004-10-16T00:00:00

Became Public Law No: 108-326.

2004-10-16T00:00:00

Signed by President.

2004-10-16T00:00:00

Signed by President.

2004-10-05T00:00:00

Presented to President.

2004-10-05T00:00:00

Presented to President.

2004-09-29T00:00:00

Passed Senate without amendment by Unanimous Consent. (consideration: CR S9986)

2004-09-29T00:00:00

Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S9986)

2004-07-20T00:00:00

Placed on Senate Legislative Calendar under General Orders. Calendar No. 655.

2004-07-20T00:00:00

Committee on Finance. Reported by Senator Grassley without amendment. Without written report.

2004-07-20T00:00:00

Committee on Finance. Reported by Senator Grassley without amendment. Without written report.

2004-07-20T00:00:00

Committee on Finance. Ordered to be reported without amendment favorably.

2003-11-05T00:00:00

Received in the Senate and Read twice and referred to the Committee on Finance.

2003-11-04T00:00:00

Motion to reconsider laid on the table Agreed to without objection.

2003-11-04T00:00:00

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H10311)

2003-11-04T00:00:00

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H10311)

2003-11-04T00:00:00

DEBATE - The House proceeded with forty minutes of debate on H.R. 982.

2003-11-04T00:00:00

Considered under suspension of the rules. (consideration: CR H10311-10312)

2003-11-04T00:00:00

Mr. Renzi moved to suspend the rules and pass the bill.

2003-10-07T00:00:00

Placed on the Union Calendar, Calendar No. 175.

2003-10-07T00:00:00

Reported by the Committee on Resources. H. Rept. 108-102, Part II.

2003-10-07T00:00:00

Reported by the Committee on Resources. H. Rept. 108-102, Part II.

2003-09-24T00:00:00

Ordered to be Reported by Unanimous Consent.

2003-09-24T00:00:00

Committee Consideration and Mark-up Session Held.

2003-05-15T00:00:00

Reported by the Committee on Judiciary. H. Rept. 108-102, Part I.

2003-05-15T00:00:00

Reported by the Committee on Judiciary. H. Rept. 108-102, Part I.

2003-05-07T00:00:00

Ordered to be Reported by Voice Vote.

2003-05-07T00:00:00

Committee Consideration and Mark-up Session Held.

2003-05-01T00:00:00

Subcommittee on Commercial and Administrative Law Discharged.

2003-03-06T00:00:00

Referred to the Subcommittee on Commercial and Administrative Law.

2003-02-27T00:00:00

Referred to the Committee on Resources, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

2003-02-27T00:00:00

Referred to the Committee on Resources, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

2003-02-27T00:00:00

Referred to the Committee on Resources, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

2003-02-27T00:00:00

Introduced in House

2003-02-27T00:00:00

Introduced in House

Policy Areas

Taxation

Track this bill on CivicBeacon

Get push notifications when this bill is updated, contact your reps, and take action.

Download on the App Store Get it on Google Play