American Assistance for American Companies Act
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
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vs 9,062 other HR bills in the 116th — cohort avg 39d
American Assistance for American Companies Act This bill disallows certain tax benefits for inverted domestic corporations. An inverted domestic corporation is a U.S. corporation that acquires foreign entities to reincorporate in a foreign jurisdiction with income tax rates lower than U.S. rates). Specifically, an inverted domestic corporation may not claim net operating loss carrybacks, increased deductibility of business interest, nor participate in Federal Reserve Lending Facilities. The bill allows an inverted domestic corporation to elect to be treated as a domestic corporation for U.S. tax purposes.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2020 · fourth_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency; H.R. 1711/S. 780, No Tax Breaks for Outsourcing Act; H.R. 1712/S. 779, Stop Tax Haven Abuse Act; S. 1610, Removing Incentives for Outsourcing Act; H.R. 4362, Overseas Americans Financial Access Act; H.R. 5933/S. 1609, Disclosure of Tax Havens and Offshoring Act; S. 2140, Stop Corporate Inversions Act of 2019; H.R. 7309/S. 4067, American Assistance for American Companies Act
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2020 · fourth_quarter · Budget/Appropriations
General advocacy in support of student aid and federal research accounts for Fiscal Year 2021, including research supported by the National Science Foundation, Department of Energy Office of Science, Department of Defense, National Aeronautics and Space Administration, Department of Agriculture, and National Institutes of Health. H.R. 133 -- Consolidated Appropriations Act, 2021 -- A bill making consolidated appropriations for the fiscal year ending September 30, 2021, providing coronavirus emergency response and relief, and for other purposes. Advocacy in support of training and student aid programs and overall basic science and research accounts within the National Institutes of Health, Centers for Disease Control and Prevention, and Department of Health and Human Services. Support for national emergency telemedicine standards to enable efficient and effective deployment of healthcare providers and to ensure continuity of care for displaced college students. Support for emergency grant funds for students to assist with emergency necessities such as transportation and relocation assistance and for costs associated with distance education instruction. Support for broad based federal assistance to institutions for the transition to distance education instruction, transition to alternate operations, and lost revenue and increased costs associated with the response to COVID-19. Assistance to hospitals, faculty practice plans, other healthcare providers responding to COVID-19. Temporary relaxation of reporting and audit requirements. Support for funds to maintain the nation's research infrastructure, including salary support for researchers, costs to ramp down and ramp back up research projects, and costs to begin new coronavirus-related research. H.R.7309 -- Research Investment to Spark the Economy Act -- A bill to authorize appropriations for offsetting the costs related to reductions in research productivity resulting from the coronavirus pandemic. Support for funds to maintain the nation's research infrastructure, including salary support for researchers, costs to ramp down and ramp back up research projects, and costs to begin new coronavirus-related research.
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Budget/Appropriations
General advocacy in support of student aid and federal research accounts for Fiscal Year 2021, including research supported by the National Science Foundation, Department of Energy Office of Science, Department of Defense, National Aeronautics and Space Administration, Department of Agriculture, and National Institutes of Health. H.R.7614/Senate Draft Bill -- Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2021 - A bill making appropriations for the Departments of Labor, Health and Human Services, and Education, and related agencies for the fiscal year ending September 30, 2021, and for other purposes. Advocacy in support of training and student aid programs and overall basic science and research accounts within the National Institutes of Health, Centers for Disease Control and Prevention, and Department of Health and Human Services. COVID-19 Relief Bills: H.R.6800 -- The Heroes Act -- An act making emergency supplemental appropriations for the fiscal year ending September 30,2020, and for other purposes. Senate Draft Bill -- Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act. Support for national emergency telemedicine standards to enable efficient and effective deployment of healthcare providers and to ensure continuity of care for displaced college students. Support for emergency grant funds for students to assist with emergency necessities such as transportation and relocation assistance and for costs associated with distance education instruction. Support for broad based federal assistance to institutions for the transition to distance education instruction, transition to alternate operations, and lost revenue and increased costs associated with the response to COVID-19. Assistance to hospitals, faculty practice plans, other healthcare providers responding to COVID-19. Temporary relaxation of reporting and audit requirements. Support for funds to maintain the nation's research infrastructure, including salary support for researchers, costs to ramp down and ramp back up research projects, and costs to begin new coronavirus-related research. H.R.7309 -- Research Investment to Spark the Economy Act -- A bill to authorize appropriations for offsetting the costs related to reductions in research productivity resulting from the coronavirus pandemic. Support for funds to maintain the nation's research infrastructure, including salary support for researchers, costs to ramp down and ramp back up research projects, and costs to begin new coronavirus-related research.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency; H.R. 1711/S. 780, No Tax Breaks for Outsourcing Act; H.R. 1712/S. 779, Stop Tax Haven Abuse Act; S. 1610, Removing Incentives for Outsourcing Act; H.R. 5933/S. 1609, Disclosure of Tax Havens and Offshoring Act; S. 2140, Stop Corporate Inversions Act of 2019; H.R. 4362, Overseas Americans Financial Access Act; H.R. 7309/S. 4067, American Assistance for American Companies Act
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), SENATE, Treasury, Dept of
2020 · second_quarter · Budget/Appropriations
General advocacy in support of student aid and federal research accounts for Fiscal Year 2021, including research supported by the National Science Foundation, Department of Energy Office of Science, Department of Defense, National Aeronautics and Space Administration, Department of Agriculture, and National Institutes of Health. H.R.7614/Senate Draft Bill -- Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2021 - A bill making appropriations for the Departments of Labor, Health and Human Services, and Education, and related agencies for the fiscal year ending September 30, 2021, and for other purposes. Advocacy in support of training and student aid programs and overall basic science and research accounts within the National Institutes of Health, Centers for Disease Control and Prevention, and Department of Health and Human Services. COVID-19 Relief Bills: H.R.266 -- Paycheck Protection Program and Health Care Enhancement Act -- A bill making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2019, and for other purposes. H.R.6800 -- The Heroes Act -- An act making emergency supplemental appropriations for the fiscal year ending September 30,2020, and for other purposes. Assistance to hospitals, faculty practice plans, other healthcare providers responding to COVID-19. Support for national telemedicine standards to enable efficient and effective deployment of healthcare providers and to ensure continuity of care for displaced college students. Support for emergency grant funds for students to assist with emergency necessities such as transportation and relocation assistance and for costs associated with moving to distance education instruction. Support for broad based federal assistance to institutions for the transition to distance education instruction, transition to alternate operations, and lost revenue and increased costs associated with the response to COVID-19. Federal assistance for the quick retraining of existing employees. Temporary relaxation of reporting and audit requirements. Support for funds to maintain the nation's research infrastructure, including salary support for researchers, costs to ramp down and ramp back up research projects, and costs to begin new coronavirus-related research. H.R.7309 -- Research Investment to Spark the Economy Act -- A bill to authorize appropriations for offsetting the costs related to reductions in research productivity resulting from the coronavirus pandemic. Support for funds to maintain the nation's research infrastructure, including salary support for researchers, costs to ramp down and ramp back up research projects, and costs to begin new coronavirus-related research.
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · second_quarter · Taxation/Internal Revenue Code
Draft legislation related to combating offshore tax haven abuse and advancing tax transparency; H.R. 1711/S. 780, No Tax Breaks for Outsourcing Act; H.R. 1712/S. 779, Stop Tax Haven Abuse Act; S. 1610, Removing Incentives for Outsourcing Act; H.R. 5933/S. 1609, Disclosure of Tax Havens and Offshoring Act; S. 2140, Stop Corporate Inversions Act of 2019; H.R. 4362, Overseas Americans Financial Access Act; H.R. 6800, HEROES Act of 2020 H.R. 7309 / S. 4067, to prohibit certain assistance for inverted domestic corporations.
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of