S 2021 · 119th CongressIn Committeecongress.gov ↗

Close the Round-Tripping Loophole Act

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill appears to deal with closing a tax or financial loophole known as "round-tripping," which generally refers to the practice of moving money out of and back into a country or system to gain a tax or financial advantage. No official summary is available for this bill.

Introduced

June 11, 2025

Policy Area

Taxation

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