Congress: 101th

Sponsor: Representative Donnelly, Brian J. (04/26/1990)

Committees: House - Ways and Means

Description: To amend the Internal Revenue Code of 1986 to treat as an asset acquisition any hostile qualified stock purchase by a foreign person and to limit the deduction for certain interest where a foreign person acquires control of a domestic corporation.

Lastest Action: 04/26/1990 Referred to the House Committee on Ways and Means.  (All Actions)

Official: H.R.4646 -- 101th Congress