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          <title>WashingtonWatch.com - H.R. 7044, To amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for taxable years beginning in 2008 or 2009</title>
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<title>Revision by webmaster (November 13, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_7044.html?rev=34003</link>
<description>&lt;p&gt;H.R. 7044 would amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for taxable years beginning in 2008 or 2009.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Amends Internal Revenue Code provisions relating to the tax deduction for dividends received by a U.S. corporation from a controlled foreign corporation to: (1) extend the applicability of such provisions to taxable years beginning after FY2007; and (2) reduce such deduction for corporations that do not maintain certain employment levels.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 9/24/2008: Referred to House committee. Status: Referred to the House Committee on Ways and Means.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

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<guid isPermaLink="false">34003@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 13 Nov 2008 00:00:00 EST</pubDate>
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<item>
<title>Revision by webmaster (September 25, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_7044.html?rev=31861</link>
<description>&lt;p&gt;H.R. 7044 would amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for taxable years beginning in 2008 or 2009.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to update the status of the bill!)&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">31861@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 25 Sep 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (September 25, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_7044.html?rev=31862</link>
<description>&lt;p&gt;H.R. 7044 would amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for taxable years beginning in 2008 or 2009.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 9/24/2008: Referred to House committee. Status: Referred to the House Committee on Ways and Means.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">31862@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 25 Sep 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Status as of September 24, 2008</title>
<link>http://www.washingtonwatch.com/bills/show/110_HR_7044.html</link>
<description>9/24/2008: Referred to House committee. Status: Referred to the House Committee on Ways and Means.</description>
<guid isPermaLink="false">40298@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 24 Sep 2008 00:00:00 EDT</pubDate>
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