S.Amdt. 2640
What it does: Adds SEC. 312. EXTENSION OF POSSESSION TAX CREDIT WITH RESPECT TO AMERICAN SAMOA on page 179, line 25
Sen. Daniel K. Inouye (D-HI)What it changes
1 change to S. 1637
Adds SEC. 312. EXTENSION OF POSSESSION TAX CREDIT WITH RESPECT TO AMERICAN SAMOA on page 179, line 25
Adds a sectionPrinted pageInserted: SEC. 312. EXTENSION OF POSSESSION TAX CREDIT WITH RESPECT TO AMERICAN SAMOA.
Inserted: Subparagraph (A) of section 936(j)(8) of the Internal Revenue Code of 1986 (relating to special rules for certain possessions) is amended by inserting before the period at the end the following: "(January 1, 2016, in the case of American Samoa)".
Original wording
On page 179, after line 25, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2640. Mr. INOUYE submitted an amendment intended to be proposed by him to the bill S. 1637, to amend the Internal Revenue Code of 1986 to comply with the World Trade Organization rulings on the FSC/ETI benefit in a manner that preserves jobs and production activities in the United States, to reform and simplify the international taxation rules of the United States, and for other purposes; which was ordered to lie on the table; as follows:
On page 179, after line 25, insert the following:
SEC. 312. EXTENSION OF POSSESSION TAX CREDIT WITH RESPECT TO AMERICAN SAMOA.
Subparagraph (A) of section 936(j)(8) of the Internal Revenue Code of 1986 (relating to special rules for certain possessions) is amended by inserting before the period at the end the following: “(January 1, 2016, in the case of American Samoa)”.
Legislative Activity
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Senate amendment submitted
March 3, 2004