On 15 July 2015, U.S. Representative Chris Van Hollen D-MD introduced the Generating Renewal, Opportunity, and Work with Accelerated Mobility, Efficiency, and Rebuilding of Infrastructure and Communities Throughout America (GROW AMERICA) Act (Bill H.R. 3064). The legislation includes provisions to modify rules relating to inverted corporations in order to increase tax revenue to fund transportation improvements. The inversion related provisions of the bill state that when a foreign corporation directly or indirectly acquires substantially all properties or assets of a domestic corporation, the foreign corporation will be treated as an inverted domestic corporation if: 50% or more of the equity...