Military Retirement Restoration Act
Latest action · Dec 17, 2013 Read twice and referred to the Committee on Finance.
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 17, 2013
- Passed SenateNot reached
- Passed HouseNot 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 23
Members who signed on, in the order they did. Signatures ran from Dec 17, 2013 to Jan 15, 2014; 16 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MN | Al Franken | Original | Dec 17, 2013 |
| D-MN | Amy Klobuchar | Original | Dec 17, 2013 |
| I-ME | Angus S. King Jr. | Original | Dec 17, 2013 |
| I-VT | Bernard Sanders | Original | Dec 17, 2013 |
| D-HI | Brian Schatz | Original | Dec 17, 2013 |
| D-MA | Elizabeth Warren | Original | Dec 17, 2013 |
| D-RI | Jack Reed | Original | Dec 17, 2013 |
| D-OR | Jeff Merkley | Original | Dec 17, 2013 |
| D-AK | Mark Begich | Original | Dec 17, 2013 |
| D-VA | Mark R. Warner | Original | Dec 17, 2013 |
| D-CO | Mark Udall | Original | Dec 17, 2013 |
| D-LA | Mary L. Landrieu | Original | Dec 17, 2013 |
| D-HI | Mazie K. Hirono | Original | Dec 17, 2013 |
| D-CT | Richard Blumenthal | Original | Dec 17, 2013 |
| D-VA | Tim Kaine | Original | Dec 17, 2013 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Dec 17, 2013 |
Actions 2
Everything that happened, newest first.
- Dec 17, 2013Introduced in Senate
- Dec 17, 2013Read twice and referred to the Committee on Finance.
In the Congressional Record 3
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 |
|---|---|---|---|
| Senate | Debate and remarks S128, S129 | Richard Blumenthal D-CT | Jan 8, 2014 |
| Senate | Debate and remarks S9010 | Al Franken D-MN | Dec 19, 2013 |
| Senate | Debate and remarks S8946, S8948, S8949, S8964 | Brian Schatz D-HI, Edward J. Markey D-MA, Jeanne Shaheen D-NH, Mark Udall D-CO | Dec 18, 2013 |
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.
CRS reports 2
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 2
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 |
| RS22955 | Country-of-Origin Labeling for Foods and the WTO Trade Dispute on Meat Labeling Archived | Report | Mar 8, 2016 |
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
- A bill 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 17, 2013Introduced in Senate
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.
