HR33Passed House

To amend the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States.

Share:
Introduced
In Committee
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-01-03
Introduced
46
Cosponsors
HR
ⓘ
Type

Sponsor

Jason Smith
Jason Smith
Republican · MO · Representative
Votes with party: 97.7% (664 recorded votes)

Full profile: /officials/S001195

Source: Congress.gov · FEC

Cosponsors (46)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

46 cosponsors on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Received in the Senate and Read twice and referred to the Committee on Finance.

2025-01-16

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The legislation creates special tax rules for certain Taiwan residents who earn income from U.S. sources, allowing them to be taxed differently than other foreign nationals under federal tax law. This affects Taiwan residents with U.S.-based income and could change how much they owe in taxes to the U.S. government. The bill has passed the House and is now being reviewed by the Senate Finance Committee.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.