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Feenstra, Morelle Introduce Legislation to Spur Investment and Economic Growth in the United States
February 06, 2025
WASHINGTON, Feb. 6 -- Rep. Randy Feenstra, R-Iowa, issued the following news release:

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Feenstra, Morelle Introduce Legislation to Spur Investment and Economic Growth in the United States

WASHINGTON, D.C. - Today, U.S. Reps. Randy Feenstra (R-Hull) and Joe Morelle (D-NY) introduced the Growing and Preserving Innovation in America Act, which would make permanent the reduced Foreign-Derived Intangible Income (FDII) tax rate for American businesses.
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