Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rules submitted by the Department of the Treasury and the Internal Revenue Service relating to the reporting requirements for interest that relates to deposits maintained at United States offices of certain financial institutions and is paid to certain nonresident alien individuals.

Disapproves and nullifies the rules submitted by the Department of the Treasury and the Internal Revenue Service (IRS) relating to the reporting requirements for interest that relates to deposits maintained at U.S. offices of certain financial institutions and that is paid to certain nonresident alien individuals.

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 108 Introduced in House (IH)]

112th CONGRESS
  2d Session
H. J. RES. 108

  Providing for congressional disapproval under chapter 8 of title 5, 
  United States Code, of the rules submitted by the Department of the 
  Treasury and the Internal Revenue Service relating to the reporting 
requirements for interest that relates to deposits maintained at United 
States offices of certain financial institutions and is paid to certain 
                     nonresident alien individuals.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 10, 2012

Mr. Canseco (for himself, Mr. Hinojosa, Mr. Posey, Mr. Cuellar, and Mr. 
  Westmoreland) introduced the following joint resolution; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                            JOINT RESOLUTION


 
  Providing for congressional disapproval under chapter 8 of title 5, 
  United States Code, of the rules submitted by the Department of the 
  Treasury and the Internal Revenue Service relating to the reporting 
requirements for interest that relates to deposits maintained at United 
States offices of certain financial institutions and is paid to certain 
                     nonresident alien individuals.

    Resolved by the Senate and House of Representatives of the United 
States of America in Congress assembled, That the Congress disapproves 
the rules submitted by the Department of the Treasury and the Internal 
Revenue Service relating to the reporting requirements for interest 
that relates to deposits maintained at United States offices of certain 
financial institutions and is paid to certain nonresident alien 
individuals (published at 77 Fed. Reg. 23391 (April 19, 2012)), and 
such rule shall have no force or effect.
                                 <all>