H.R. 4986 · 106th Congress · 1999–2000
To amend the Internal Revenue Code of 1986 to repeal the provisions relating to foreign sales corporations (FSCs) and to exclude extraterritorial income from gross income.
H.R. 4986 in the 106th Congress (1999–2000) became law — introduced on Jul 27, 2000, sponsored by Bill Archer. Congress held 2 roll call votes on it.
During the 106th Congress (1999–2000), Bill Clinton was president, and Republicans held majorities in both the House and Senate.
- Status
- Became law
- Introduced
- Jul 27, 2000
- Policy area
- Foreign trade
- Public law
- Public Law 106-519
Sponsor
Where it stands
- IntroducedJul 27, 2000
- Passed the HouseYes
- Passed the SenateYes
- Sent to the PresidentYes
- Became lawNov 15, 2000
Every roll call vote on this bill
- Foreign Sales Corporation (FCS) Repeal and Extraterritorial Income Exclusion ActHouse · Sep 13, 2000
- Foreign Sales Corporation (FCS) Repeal and Extraterritorial Income Exclusion ActHouse · Nov 14, 2000
More bills from Bill Archer in the 106th Congress
- H.R. 1376: To extend the tax benefits available with respect to services performed in a combat zone to…
- H.R. 435: To make miscellaneous and technical changes to various trade laws, and for other purposes.
- H.R. 4444: To authorize extension of nondiscriminatory treatment (normal trade relations treatment) to the…
Other Foreign trade bills in the 106th Congress
- H.R. 435: To make miscellaneous and technical changes to various trade laws, and for other purposes.
- H.R. 2565: To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the…
- H.R. 3381: To reauthorize the Overseas Private Investment Corporation and the Trade and Development Agency…
- H.R. 434: An act to authorize a new trade and investment policy for sub-Sahara Africa, expand trade benefits…
- H.R. 4444: To authorize extension of nondiscriminatory treatment (normal trade relations treatment) to the…
- H.R. 4868: To amend the Harmonized Tariff Schedule of the United States to modify temporarily certain rates…
- H.R. 5239: To provide for increased penalties for violations of the Export Administration Act of 1979, and…
- H.R. 1653: To approve a governing international fishery agreement between the United States and the Russian…
More
From the Congressional Bills Project (Adler and Wilkerson), covering 1947–2002.
Cite or embed this page
Capitol Receipts, “H.R. 4986 (106th Congress): To amend the Internal Revenue Code of…,” https://www.capitolreceipts.com/bill/106-hr-4986/to-amend-the-internal-revenue-code-of-1986-to (accessed 2026-10-17).