118th Congress · HOUSE BILLBILL

H.R. 8873Overseas Americans Financial Access Act

To amend the Internal Revenue Code of 1986 to provide an exception from certain reporting requirements with respect to the foreign accounts of individuals who live abroad.

Taxation
Introduced Jun 27, 2024
Last action Jun 27, 2024
Pipeline · Bill → Law
Step 1
Introduced
Jun 27, 2024
Step 2
Referred
Jun 27, 2024
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill modifies tax reporting requirements that apply to foreign financial institutions and individuals with foreign financial assets to create exceptions for the foreign accounts of certain U.S. residents or citizens living abroad. 

Provisions · 3 sectionsIntroduced in House
Timeline · 2 actions
Jun 27, 2024
Introduced in House
Jun 27, 2024
Referred to the House Committee on Ways and Means.