Two Bills to Examine Concerns of Americans Living Abroad
Congresswoman Carolyn B. Maloney (NY-12) co-chair of the Americans Abroad Caucus, reintroduced the "Commission on Americans Living Abroad Act" to create an Executive Commission to comprehensively study and address the effects of federal policies on Americans living overseas.
The Act would create an Executive Commission with the main purpose of examining the concerns of Americans working and living abroad. The resulting study would then be used by Congress and the Executive Branch when considering the best steps to engage the abroad community and ensure their voices are heard.
In an effort to address some of the unintended consequences that well-intentioned Treasury regulations have been having on the estimated 6-8 million Americans citizens living and working abroad, Congresswoman Maloney also recently introduced (April 2017) the "Overseas Americans Financial Access Act." Rep. Maloney announced the introduction of her new bill at a House Committee on Oversight and Government Reform hearing to review the Foreign Account Tax Compliance Act (FACTA).