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Investment Company Institute Praises Introduction of Bipartisan Bill to Help US Mutual Funds Compete Internationally
July 28, 2020
WASHINGTON, July 28 -- The Investment Company Institute Education Foundation issued the following statement by President and CEO Paul Schott Stevens after Reps. Danny K. Davis, D-Illinois, Kenny Marchant, R-Texas, Thomas Suozzi, D-New York, and Ron Estes, R-Kansas, introduced the Tax Parity for US Mutual Funds Act (H.R. 7772):

"This bipartisan bill will help level the global playing field for mutual fund companies based in the United States.

"It removes tax ba . . .

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