John Conyers: “The problem that is presented in the bill that the Jackson-Lee amendment attempt to correct is the incredible ability of…”

“The problem that is presented in the bill that the Jackson-Lee amendment attempt to correct is the incredible ability of corporations doing business in this country to move offshore, Bermuda as an example, to do business and then escape coming into State court on class action by claiming they are a foreign corporation. These are the same companies that are eager to put ``Made in the U.S.A.'' on their products, while they at the same time avoid United States taxes and attempt to minimize their legal liability by merely shuffling corporate documents. Support the Jackson-Lee amendment.”