Aug 02 2011
A bill to prevent the Secretary of the Treasury from expanding United States bank reporting requirements with respect to interest on deposits paid to nonresident aliens
Co-sponsored by: Orrin G. Hatch
Prohibits the Secretary of the Treasury from requiring a payor of interest to file an information return on interest that is not effectively connected with a trade or business within the United States and that is paid to a nonresident alien on a deposit maintained at an office within the United States.
The full text of the bill available through the Library of Congress here.
A PDF version of the bill is available below.