I 118th CONGRESS 1st Session H. R. 4695 IN THE HOUSE OF REPRESENTATIVES July 18, 2023 Mr. Estes (for himself, Mr. Smith of Missouri , Mr. Smith of Nebraska , Mr. Kelly of Pennsylvania , Mr. Smucker , Mrs. Miller of West Virginia , Mr. Moore of Utah , Mrs. Steel , Ms. Van Duyne , Mr. Feenstra , and Mr. Buchanan ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to modify the application of the base erosion and anti-abuse tax with respect to certain entities connected to jurisdictions which have implemented an extraterritorial tax.