To amend the Internal Revenue Code of 1986 to modify the application of the tonnage tax on certain vessels.
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HR 1267 — To amend the Internal Revenue Code of 1986 to modify the application of the tonnage tax on certain vessels.
Last action — Referred to the House Committee on Ways and Means.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Amends the Internal Revenue Code to modify the alternative tax on qualifying shipping activities to treat a corporation electing such tax as continuing to use a qualifying vessel in the U.S. foreign trade during any period of use in the U.S. domestic trade, thus eliminating the 30 day limitation on operating in U.S. domestic trade under current law.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 1267 on the official United States source →Action History
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Referred to the House Committee on Ways and Means.
Sponsors
- Wally Herger · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 1267 do?
- Amends the Internal Revenue Code to modify the alternative tax on qualifying shipping activities to treat a corporation electing such tax as continuing to use a qualifying vessel in the U.S. foreign trade during any period of use in the U.S. domestic trade, thus eliminating the 30 day limitation on operating in U.S. domestic trade under current law.
- Who sponsors HR 1267?
- HR 1267 is sponsored by Wally Herger (R).
- What is the current status of HR 1267?
- This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 1267?
- Track HR 1267 free on One Click Politics — get push/email alerts when it moves.
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