Reading the bill…
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Coverage of the 119th Congress
Reading the bill…
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Current Status
Received in the Senate and Read twice and referred to the Committee on Finance.
Sponsor
Jason Smith
Introduced
March 21, 2026
How far this bill has traveled through Congress
Introduced
Committee
Passed Chamber
Passed Both
President
Enacted
Introduced
Bill filed in chamber
Committee
Reviewed & reported
Passed Chamber
House or Senate vote
Passed Both
House & Senate agree
President
Sent to White House
Enacted
Signed into law
Latest Action
Received in the Senate and Read twice and referred to the Committee on Finance.
This bill provides tax benefits to individuals who are considered qualified residents of Taiwan. These individuals may be subject to taxation in the US if they have a permanent home or center of vital interests in both countries, but the bill aims to avoid double taxation. The bill also includes rules for determining whether an individual is a qualified resident of Taiwan and how to calculate their taxable income.
This bill provides tax benefits to individuals who are considered qualified residents of Taiwan. These individuals may be subject to taxation in the US if they have a permanent home or center of vital interests in both countries, but the bill aims to avoid double taxation. The bill also includes rules for determining whether an individual is a qualified resident of Taiwan and how to calculate their taxable income.
16 members formally endorsed
Cosponsored this bill
Source: cosponsors
30 members formally endorsed
Cosponsored this bill
Source: cosponsors
Cosponsor data and vote records sourced from Congress.gov. Reflects formal legislative actions only — not editorial opinion.
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