Current Status of Bill S 3217
Bill S 3217 is currently in the status of Bill Introduced since November 17, 2021. Bill S 3217 was introduced during Congress 117 and was introduced to the Senate on November 17, 2021. Bill S 3217's most recent activity was Read twice and referred to the Committee on Finance. as of November 17, 2021
Bipartisan Support of Bill S 3217
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0
Policy Area and Potential Impact of Bill S 3217
Primary Policy Focus
TaxationPotential Impact Areas
Accounting and auditingCapital gains taxFinancial services and investmentsForeign and international corporationsSecuritiesTax administration and collection, taxpayersTaxation of foreign income
Alternate Title(s) of Bill S 3217
A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.