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U.S. Legislators Re-Introduce Legislation Banning Federal Contracts for Inverted Companies

|Proposed Changes|United States
United States

On 16 April 2015, U.S. Senators Jack Reed (D-RI), Sheldon Whitehouse (D-RI), Dick Durbin (D-IL), and Al Franken (D-MN), and U.S. Representatives Rosa DeLauro (D-CT), Sander Levin (D-MI) and Lloyd Doggett (D-TX) re-introduced legislation banning inverted companies from holding federal contracts.

The legislation was introduced in the Senate as the American Business for American Companies Act an…

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