0
0
0
Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary's possession to the House of Representatives relating to the impact of the OECD Pillar One agreement on the United States Treasury.
4/17/2024, 11:45 PM
Summary of Bill HRES 1269
Bill 117 H.Res. 1269, also known as the "Of Inquiry Directing the Secretary of the Treasury to Provide Certain Documents in the Secretary's Possession to the House of Representatives Relating to the Impact of the OECD Pillar One Agreement on the United States Treasury," is a piece of legislation that aims to gather information from the Secretary of the Treasury regarding the impact of the OECD Pillar One agreement on the United States Treasury.
The OECD Pillar One agreement is an international tax reform proposal that seeks to address the challenges posed by the digital economy and ensure that multinational corporations pay their fair share of taxes. The agreement has the potential to significantly impact the United States Treasury, and this bill seeks to understand the potential implications of the agreement on the country's finances.
If passed, this bill would direct the Secretary of the Treasury to provide certain documents in their possession to the House of Representatives. These documents would shed light on how the OECD Pillar One agreement could affect the United States Treasury and help lawmakers make informed decisions about the country's tax policies. Overall, Bill 117 H.Res. 1269 is a crucial step in ensuring transparency and accountability in the implementation of international tax agreements and understanding their potential impact on the United States Treasury.
The OECD Pillar One agreement is an international tax reform proposal that seeks to address the challenges posed by the digital economy and ensure that multinational corporations pay their fair share of taxes. The agreement has the potential to significantly impact the United States Treasury, and this bill seeks to understand the potential implications of the agreement on the country's finances.
If passed, this bill would direct the Secretary of the Treasury to provide certain documents in their possession to the House of Representatives. These documents would shed light on how the OECD Pillar One agreement could affect the United States Treasury and help lawmakers make informed decisions about the country's tax policies. Overall, Bill 117 H.Res. 1269 is a crucial step in ensuring transparency and accountability in the implementation of international tax agreements and understanding their potential impact on the United States Treasury.
Congressional Summary of HRES 1269
This resolution directs the Department of the Treasury to transmit to the House of Representatives, not later than 14 days after the adoption of this resolution, copies of any document, memo, correspondence, or other communication that refers or relates to (1) United States Pillar One tax revenue modeling data and reports estimating the impact of the OECD Pillar One agreement on reallocating taxing rights from the United States to foreign jurisdictions, or (2) the economic effects of the OECD Pillar One agreement on the U.S. Treasury. The OECD Pillar One agreement expands a country's authority to tax profits from companies that make sales into their country but don't have a physical location there.
Read the Full Bill
Current Status of Bill HRES 1269
Bill HRES 1269 is currently in the status of Bill Introduced since July 26, 2022. Bill HRES 1269 was introduced during Congress 117 and was introduced to the House on July 26, 2022. Bill HRES 1269's most recent activity was Placed on the House Calendar, Calendar No. 125. as of September 28, 2022
Bipartisan Support of Bill HRES 1269
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HRES 1269
Primary Policy Focus
TaxationPotential Impact Areas
- Congressional oversight
- Congressional-executive branch relations
- Department of the Treasury
- Foreign and international corporations
- Government information and archives
- Presidents and presidential powers, Vice Presidents
- Sales and excise taxes
Alternate Title(s) of Bill HRES 1269
Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary's possession to the House of Representatives relating to the impact of the OECD Pillar One agreement on the United States Treasury.
Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary's possession to the House of Representatives relating to the impact of the OECD Pillar One agreement on the United States Treasury.
Comments
Sponsors and Cosponsors of HRES 1269
Latest Bills
Commerce, Justice, Science, and Related Agencies Appropriations Act, 2027
Bill HR 8845May 18, 2026
A resolution expressing support for the designation of May 2026 as "National Beef Month" to recognize the important role cattle play in the United States, and to consumers.
Bill SRES 711May 18, 2026
Rural Broadband Protection Act of 2025
Bill S 98May 18, 2026
A resolution expressing support for the designation of April 2026 as "National Child Abuse Prevention Month", and the goals and ideals of National Child Abuse Prevention Month.
Bill SRES 706May 18, 2026
988 Lifeline Location Improvement Act of 2026
Bill S 3199May 18, 2026
FLEX Act
Bill HR 7082May 18, 2026
SECURE Grid Act
Bill HR 7257May 18, 2026
A bill to require the Federal Energy Regulatory Commission to extend the time period during which licensees are required to commence construction of certain hydropower projects.
Bill S 1020May 18, 2026
STOP Act
Bill S 4426May 18, 2026
A resolution recognizing Maternal Mental Health Day to raise awareness about maternal mental health.
Bill SRES 710May 18, 2026

