legislation: 99-hr-5637
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 99-hr-5637 | 99 | hr | 5637 | A bill to amend the Internal Revenue Code of 1986 to provide for the taxation of capital gains at a rate of 10 percent. | Taxation | 1986-10-02 | 1986-10-02 | Referred to House Committee on Ways and Means. | House | Rep. Crane, Philip M. [R-IL-12] | IL | R | C000873 | 0 | Amends the Internal Revenue Code to reduce the alternative minimum tax on capital gains realized by a corporation from 34 percent to ten percent of net capital gains. Provides for cost-of-living adjustments to such rate. Eliminates the holding period requirement for capital assets. | 2024-02-07T16:32:33Z |