H.R.5846 - To amend the Internal Revenue Code of 1986 to impose a 100 percent tax on income from frozen Iraqi assets.101st Congress (1989-1990)
Summary: H.R.5846 — 101st Congress (1989-1990)
Introduced in House (10/17/1990)
Amends the Internal Revenue Code to impose a 100 percent tax on income from frozen Iraqi assets. Authorizes the President to modify such tax if the armed forces of Iraq withdraw from Kuwait within the time and in the manner determined by the President.