On the recordJuly 25, 2012
Madam Chairman, I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 8, line 10, after the period insert the following: If meeting that definition, such term includes any requirement by the Secretary of the Treasury, except to the extent provided in Treasury Regulations as in effect on February 21, 2011, that a payor of interest make an information return in the case of interest-- (1) which is described in section 871(i)(2)(A) of the Internal Revenue Code of 1986, and (2) which is paid-- (A) to a nonresident alien, and (B) on a deposit maintained at an office within the United States. The Acting CHAIR. Pursuant to House Resolution 738, the gentleman from Florida (Mr. Posey) and a Member opposed each will control 5 minutes. The Chair recognizes the gentleman from Florida.
