Maloney Launches Americans Abroad Caucus in the 117th Congress

Nov 1, 2021
Press Release
Renews Efforts to Reform Tax Laws for Americans Living Overseas

WASHINGTON, DC — Today, Congresswoman Carolyn B. Maloney is proud to announce the 117th iteration of the Americans Abroad Caucus with Representatives María Elvira Salazar (R-FL) and Dina Titus (D-NV) joining Maloney as co-chairs. Maloney also announced the introduction of two pieces of legislation, the Overseas Americans Financial Access Act and the Commission on Americans Living Overseas Act. These bills will help American citizens living abroad who are unfairly and disproportionately burdened by existing tax laws.

 

Millions of Americans, including military personnel and civilians, live and work across the world. Although they live overseas, many of these U.S. citizens continue to vote and pay taxes in the United States. Whether or not they work for American businesses overseas, they help increase exports of American goods and services because they traditionally buy American goods, sell American goods, and create business opportunities for U.S. companies and workers. Their role in strengthening the U.S. economy, creating jobs in the United States, and extending American influence around the globe is vital to the well-being of our nation.

 

Last month, the Caucus led a letter to Secretary of State Antony Blinken requesting that the Biden Administration prioritize vaccinating Americans abroad while still working to fight COVID-19 at home.

 

"Americans living and working abroad are directly impacted by federal policy and it’s long past time that the federal government listened to their concerns,” said Rep. Maloney. “I’ve heard from countless constituents who have faced problems related to voting, immigration, access to financial institutions, and taxation. My goal with the launch of the Americans Abroad Caucus is to better understand these issues and be better equipped to coordinate with these communities towards more robust representation in Congress.”

 

“As the Congresswoman for Florida's 27th District, I represent thousands of American citizens who live and work abroad," said Rep. Salazar. "From deciphering complex tax laws to ensuring they have adequate healthcare access, Americans abroad face a unique set of challenges. I am honored to co-lead the Americans Abroad Caucus and look forward to continuing to serve as a voice in Congress for Americans living overseas."

 

“I’m honored to serve as co-chair of the Americans Abroad Caucus for the 117th Congress,” said Rep. Titus. “The millions of U.S. citizens who live and work overseas often face uniquely onerous tax burdens along with challenges ranging from banking and travel issues to health services and voting. This bipartisan Caucus provides an important forum to address the issues faced by Americans abroad and ensure they’re being provided appropriate representation.”

 

“ACA is pleased that Representative Salazar will be joining the Americans Abroad Caucus as Republican Co-Chair and working alongside Representative Maloney and Representative Titus, the Democratic Co-Chairs of the Caucus. The Caucus is an important voice for the community of Americans living and working overseas. ACA looks forward to continuing to work with Representative Maloney, Representative Titus, Representative Salazar and all the members of the Americans Abroad Caucus on bringing issues important to the community to the attention of Congress and the Administration,” said Marylouise Serrato, Executive Director of American Citizens Abroad.

 

“Democrats Abroad is delighted to see the Americans Abroad Caucus grow in numbers and in profile.  Americans abroad face challenges in a great many areas - taxation, voting, access to COVID vaccines, US government agency and consular support - that require Congressional attention. We are grateful for Rep. Maloney's leadership on the Caucus and on these legislative initiatives that bring focus and solutions to our underserved community. Rep. Dina Titus has been a wonderful friend, constant advocate and greatly valued champion for Americans abroad for many years. We are excited to have her in the position of Caucus co-chair along with Rep. Maria Salazar. We look forward to getting to know Rep. Salazar and working with her to address our issues,” said Candice Kerestan, Democrats Abroad International Chair.

 

Background

In the 110th Congress, Congresswoman Maloney cofounded the Americans Abroad Caucus, which she now co-chairs with Representatives María Elvira Salazar (R-FL) and Dina Titus (D-NV). The purpose of this bi-partisan caucus is to provide a forum for discussion of the issues that are important to overseas Americans including citizenship, census, voting, banking access, and taxation.

 

The Overseas Americans Financial Access Act directs the Internal Revenue Service (IRS) to exclude from Foreign Account Tax Compliance Act (FATCA) reporting financial accounts held by American citizens in countries where they are bona fide residents. This bill eliminates the unintended and excessive reporting burden imposed on overseas Americans by FATCA, enabling them to more easily open and maintain private bank accounts with foreign financial institutions (FFIs).

 

The Commission on Americans Living Abroad Act creates an Executive Commission comprised of a 10-member bipartisan panel to examine the concerns of U.S. citizens living and working abroad. The Commission would analyze, report on, and make appropriate recommendations to address the effects of activities, laws, and policies of the federal government on Americans citizens living overseas.

 

Learn more about the history and work of the Americans Abroad Caucus at our website here.

 

Bill text of the Overseas Americans Financial Access Act can be found here.

 

Bill text of the Commission on Americans Living Abroad Act can be found here.

 

Read the full letter on vaccinating Americans abroad here.

 

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