Purpose and Summary

Chamber: House

Introduced date: 2025-01-21

Bill 119 HR 591, also known as the "Enforcement of Remedies Against Extraterritorial Taxes and Discriminatory Taxes Act," aims to address the issue of foreign countries imposing unfair taxes on American businesses operating overseas. The bill seeks to provide a mechanism for the United States to enforce remedies against these extraterritorial and discriminatory taxes. The bill outlines that if a foreign country imposes taxes on American businesses that are deemed to be extraterritorial or discriminatory in nature, the US government can take action to protect the interests of American companies. This could include imposing tariffs or other trade restrictions on the offending country. The bill also establishes a process for American businesses to seek relief from these unfair taxes through the US government. This process would involve filing a complaint with the appropriate authorities and providing evidence of the extraterritorial or discriminatory nature of the taxes. Overall, Bill 119 HR 591 aims to protect American businesses from unfair taxation practices by foreign countries and provide a mechanism for the US government to enforce remedies against these practices. It is designed to ensure a level playing field for American companies operating overseas and promote fair and equitable trade practices.

Recent Activity

Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, 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.

Alternative Names

To provide an enforcement of remedies against the extraterritorial taxes and discriminatory taxes of foreign countries.

Associated Legislation

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Policy Areas

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Potential Impact

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Sponsors and Supporters

Rep. Smith, Jason [R-MO-8]

Cosponsors and Supporters

Rep. Buchanan, Vern [R-FL-16]

Rep. Smith, Adrian [R-NE-3]

Rep. Kelly, Mike [R-PA-16]

Rep. Schweikert, David [R-AZ-1]

Rep. LaHood, Darin [R-IL-16]

Rep. Arrington, Jodey C. [R-TX-19]

Rep. Estes, Ron [R-KS-4]

Rep. Smucker, Lloyd [R-PA-11]

Rep. Hern, Kevin [R-OK-1]

Rep. Miller, Carol D. [R-WV-1]

Rep. Murphy, Gregory F. [R-NC-3]

Rep. Kustoff, David [R-TN-8]

Rep. Fitzpatrick, Brian K. [R-PA-1]

Rep. Steube, W. Gregory [R-FL-17]

Rep. Tenney, Claudia [R-NY-24]

Rep. Fischbach, Michelle [R-MN-7]

Rep. Moore, Blake D. [R-UT-1]

Rep. Van Duyne, Beth [R-TX-24]

Rep. Feenstra, Randy [R-IA-4]

Rep. Malliotakis, Nicole [R-NY-11]

Rep. Carey, Mike [R-OH-15]

Rep. Yakym, Rudy [R-IN-2]

Rep. Miller, Max L. [R-OH-7]

Rep. Bean, Aaron [R-FL-4]

Rep. Moran, Nathaniel [R-TX-1]

Committees and Subcommittees

Oversight and Government Reform Committee

Ways and Means Committee

Variations and Revisions

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Athena Hsu