# 117-hr-1427: To amend the Internal Revenue Code of 1986 to provide that certain bona fide residents of the Virgin Islands who are shareholders of corporations organized under the laws of the Virgin Islands are not treated as United States persons for purposes of determining certain inclusions in gross income with respect to such corporations.

117-hr-1427, To amend the Internal Revenue Code of 1986 to provide that certain bona fide residents of the Virgin Islands who are shareholders of corporations organized under the laws of the Virgin Islands are not treated as United States persons for purposes of determining certain inclusions in gross income with respect to such corporations., is a 117th Congress bill sponsored by Del. Plaskett, Stacey E. [D-VI-At Large] (D-VI); status Referred to the House Committee on Ways and Means. (as of 2026-10-15).

- Canonical: https://policyrisk.com/legislation/117-hr-1427
- As of: 2026-10-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-1427
- Congress: 117
- Title: To amend the Internal Revenue Code of 1986 to provide that certain bona fide residents of the Virgin Islands who are shareholders of corporations organized under the laws of the Virgin Islands are not treated as United States persons for purposes of determining certain inclusions in gross income with respect to such corporations.
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2021-02-26
- Sponsor: Del. Plaskett, Stacey E. [D-VI-At Large] (D-VI)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2026-10-15

## Summary

To amend the Internal Revenue Code of 1986 to provide that certain bona fide residents of the Virgin Islands who are shareholders of corporations organized under the laws of the Virgin Islands are not treated as United States persons for purposes of determining certain inclusions in gross income with respect to such corporations.

## Related bills

- 117-hr-3525: Commission To Study the Potential Creation of a National Museum of Asian Pacific American History and Culture Act
- 117-hr-1799: PPP Extension Act of 2021
- 117-hr-8982: Bulk Infant Formula to Retail Shelves Act
- 117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act
- 117-hres-1530: Recognizing the 50th Anniversary of the National Minority Supplier Development Council.
- 117-hr-9668: SIFIA Act

## Sources
- [117-hr-1427 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/1427)

## Related
- [117-hr-3525: Commission To Study the Potential Creation of a National Museum of Asian Pacifi…](https://policyrisk.com/legislation/117-hr-3525)
- [117-hr-1799: PPP Extension Act of 2021](https://policyrisk.com/legislation/117-hr-1799)
- [117-hr-8982: Bulk Infant Formula to Retail Shelves Act](https://policyrisk.com/legislation/117-hr-8982)
- [117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1842)
- [117-hres-1530: Recognizing the 50th Anniversary of the National Minority Supplier Development…](https://policyrisk.com/legislation/117-hres-1530)
- [117-hr-9668: SIFIA Act](https://policyrisk.com/legislation/117-hr-9668)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-1427 (as of 2026-10-15).