Military Retirement Restoration Act
Latest action · Jan 24, 2014 Referred to the Subcommittee on Military Personnel.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedDec 19, 2013
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Military Retirement Restoration Act - Repeals the provision of the Bipartisan Budget Act of 2013 that reduces the cost-of-living adjustment to the retirement pay of members of the Armed Forces under age 62.
Amends the Internal Revenue Code to treat a foreign corporation managed and controlled, directly or indirectly, primarily in the United States as a domestic corporation for U.S. tax purposes if the stock of such corporation is regularly traded on an established securities market or the aggregate gross assets of such corporation during the taxable year or any preceding taxable year is $50 million or more.
Cosponsors 56
Members who signed on, in the order they did. Signatures ran from Dec 19, 2013 to May 19, 2014; 36 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-FL | Alan Grayson | Original | Dec 19, 2013 |
| D-PA | Allyson Y. Schwartz | Original | Dec 19, 2013 |
| D-NH | Ann M. Kuster | Original | Dec 19, 2013 |
| D-TX | Beto O'Rourke | Original | Dec 19, 2013 |
| D-IA | Bruce L. Braley | Original | Dec 19, 2013 |
| D-NH | Carol Shea-Porter | Original | Dec 19, 2013 |
| D-ME | Chellie Pingree | Original | Dec 19, 2013 |
| D-IL | Cheri Bustos | Original | Dec 19, 2013 |
| D-HI | Colleen Hanabusa | Original | Dec 19, 2013 |
| D-MI | Daniel T. Kildee | Original | Dec 19, 2013 |
| D-IA | David Loebsack | Original | Dec 19, 2013 |
| D-FL | Debbie Wasserman Schultz | Original | Dec 19, 2013 |
| D-WA | Denny Heck | Original | Dec 19, 2013 |
| D-MD | Donna F. Edwards | Original | Dec 19, 2013 |
| D-CO | Ed Perlmutter | Original | Dec 19, 2013 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Dec 19, 2013 |
| House | Armed Services Committee | Referred Dec 19, 2013 |
| Military Personnel Subcommittee | Referred Jan 24, 2014 |
Actions 3
Everything that happened, newest first.
- Jan 24, 2014Referred to the Subcommittee on Military Personnel.
- Dec 19, 2013Introduced in House
- Dec 19, 2013Referred to the Committee on Ways and Means, and in addition to the Committee on Armed Services, 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.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H138 | Cheri Bustos D-IL, Joe Garcia D-FL | Jan 10, 2014 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the page H8126.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R43568 | Corporate Expatriation, Inversions, and Mergers: Tax IssuesCorporate Expatriation, Inversions, and Mergers: Tax Issues Archived | Report | Jun 17, 2021 |
Related bills 27
Companion bills and other measures the record links to this one.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To restore full military retirement benefits by closing corporate tax loopholes.
- Short Titles as Introduced
- Military Retirement Restoration Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Dec 19, 2013Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.