H.R. 18549 · 91st Congress · 1969–1970
To amend sections 902(b) and 902(c) of the Internal Revenue Code of 1954 to reduce the 50-percent requirement to 10 percent between first and second levels and to include third-level foreign corporations in the tax credit structure if the 10-percent test is met
H.R. 18549 in the 91st Congress (1969–1970) became law — introduced in 1970, sponsored by Jackson Betts.
During the 91st Congress (1969–1970), Richard Nixon was president, and Democrats held majorities in both the House and Senate.
- Status
- Became law
- Introduced
- 1970
- Policy area
- Economy
Sponsor
Where it stands
- Introduced1970
- Passed the HouseYes
- Passed the SenateYes
- Sent to the PresidentYes
- Became lawYes
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From the Congressional Bills Project (Adler and Wilkerson), covering 1947–2002.