Wellstone Memorial Stop Corporate Expatriates Act

Bill Number

HR 1355

Introduced

Mar 19, 2003

Latest Action

Referred to the Committee on Government Reform, and in addition to the Committee on Homeland Security (Select), for a pe ...

Sponsor

Cosponsors

Topics

Armed Forces and National Security Commerce Corporate mergers Corporation taxes Department of Homeland Security EBB Terrorism Foreign corporations Foreign Trade and International Finance Government contractors Government Operations and Politics Government procurement International Affairs Subsidiary corporations Tax evasion Taxation Terrorism

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Summary

Wellstone Memorial Stop Corporate Expatriates Act - Amends the Homeland Security Act of 2002 to apply a prohibition on contracting by the Secretary of Homeland Security with foreign incorporated entities which are treated as inverted domestic corporations to any subsidiaries of such entities.

Deletes a provision that would allow the waiver of such prohibition in order to prevent the loss of any jobs in the United States or to prevent the Government from incurring any additional costs that otherwise would not occur (thus allowing such waiver only in the interest of national security).

Actions

Mar 19, 2003

Referred to the Committee on Government Reform, and in addition to the Committee on Homeland Security (Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 19, 2003

Introduced in House

Amendments

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