To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders., changes federal law or congressional policy affecting technology companies and users of digital services. The main policy domain is Technology, Environment, Transportation.
Who Benefits and How
technology companies and users of digital services may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, technology companies and users of digital services may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H69E7CE73A47544A1A7AB1617F634D3AB: 1. Short title This Act may be cited as the Bringing Back American Jobs Through Intellectual Property Repatriation Act.
- Section H7E6206E4B73B4B33A0DA4B3EC921AA22: 2. Special rules for transfers of intangible property from controlled foreign corporations to United States shareholders Subpart F of part III of subchapter N...
- Section H76BD40D494D8460781C9C29696198AFB: 966. Transfers of intangible property to United States shareholders If a controlled foreign corporation holds intangible property on the date of the enactment...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders., changes federal law or congressional policy affecting technology companies and users of digital services.
Key Policy Areas
Technology, Environment, Transportation
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders., changes federal law or congressional policy affecting technology companies and users of digital services.
Policy Domains
Whole bill
Identified Gains
- technology companies and users of digital services
Identified Costs
- federal implementing agencies
- technology companies and users of digital services
Sponsors
Legislative Progress
IntroducedMr. LaHood (for himself, Mr. Ferguson, Mr. Smith of Nebraska, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology