Andrew P. Hunter said "I understand that. The way it's drafted, it appears to me that it's a flat prohibition, and any organization with even one U.S. citizen might be precluded from using this business form, which I think is a far more anticompetitive approach than the gentleman might want. My feeling is this, that if we approve this amendment, I would hope that the gentleman would work in conference to make sure that it's narrowed to this focus on making sure that these companies pay taxes and that it doesn't have some kind of exclusionary or unintended consequence. Will the gentleman work with us in conference?" @ PoliticalQuotes.com

On the recordMay 22, 2008

I understand that. The way it's drafted, it appears to me that it's a flat prohibition, and any organization with even one U.S. citizen might be precluded from using this business form, which I think is a far more anticompetitive approach than the gentleman might want. My feeling is this, that if we approve this amendment, I would hope that the gentleman would work in conference to make sure that it's narrowed to this focus on making sure that these companies pay taxes and that it doesn't have some kind of exclusionary or unintended consequence. Will the gentleman work with us in conference?

Said by

Andrew P. Hunter

Illinois

Source

govinfo.gov

Editor's note · Context

Discussing concerns over a proposed amendment's impact on organizations with U.S. citizens.

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