House bill · 119th Congress · Latest step: Introduced
Territorial Economic Recovery Act
Official title: To amend the Internal Revenue Code of 1986 to exclude certain amounts from the tested income of controlled foreign corporations, and for other purposes.
Sponsor: Rep. Stacey Plaskett D-VIWhere it went
- IntroducedJan 13, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Jan 13, 2025 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 363.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Ms. PLASKETT, as printed in the Congressional Record (Vol. 171, No. 6, January 13, 2025, Page H112):Article I, Section 8 of the Constitution.Source: Congress.gov, Congressional Record January 13, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 41 characters
- Congress.gov bill record
- H.R. 363, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/363
- Record last updated by Congress.gov
- April 29, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
32145e89765c55029f5897b475f809a1b9203190e2f05de4d6bc02d3d0cabcc0
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of April 29, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 363, last updated April 29, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
No cosponsors.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Stacey Plaskett.
- H.R. 1737 (119th) To direct the Secretary of Commerce to submit to Congress a report containing an assessment of the value, cost, and feasibility of a…
- H.R. 8121 (119th) To designate the Christiansted Bandstand at the Christiansted National Historic Site, St. Croix, Virgin Islands, as the "Peter G.…
- H.R. 5209 (119th) HOPE for Haitian Prosperity Act of 2025
- H.Res. 360 (119th) Expressing support for the designation of the last Tuesday of April each year as "APOL1-Mediated Kidney Disease (AMKD) Awareness Day".
- H.R. 5409 (119th) Territory Health Revitalization Act
- H.R. 6494 (119th) Territories Health Equity Act of 2025
Sponsor’s state and district
Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.