Congress: 99th

Sponsor: Representative Obey, David R. (04/23/1986)

Committees: House - Ways and Means

Description: A bill to amend the Internal Revenue Code of 1954 to provide that no foreign tax credit, and no deduction, shall be allowed for taxes paid or accrued to Libya during the period any declaration by the President of a national emergency is in effect with respect to Libya and to provide that the exclusion from gross income of earned income of U.S. citizens living abroad shall not apply to income attributable to Libya during such period.

Lastest Action: 04/23/1986 Referred to House Committee on Ways and Means.  (All Actions)

Official: H.R.4680 -- 99th Congress