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United States · Bill · HR

H.R. 13075 (95th)

Investment Incentive Act

referredUnited States· United States Congress· EN

Introduced

9 June 1978

Last action

9 June 1978 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Steiger, William A. [R-WI-6], Rep. Ruppe, Philip E. [R-MI-11], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Forsythe, Edwin B. [R-NJ-6], Rep. O'Brien, George M. [R-IL-4], Rep. Latta, Delbert L. [R-OH-5], Rep. Flippo, Ronnie G. [D-AL-5], Rep. Rudd, Eldon D. [R-AZ-4], Rep. Wampler, William C. [R-VA-9], Rep. Davis, Mendel J. [D-SC-1], Rep. Lloyd, Marilyn [D-TN-3], Rep. Cunningham, John E. (Jack) [R-WA-7], Rep. Butler, M. Caldwell [R-VA-6], Rep. Hillis, Elwood H. [R-IN-5], Rep. Wilson, Robert C. [R-CA-41], Rep. McEwen, Robert C. [R-NY-30], Rep. Goodling, William F. [R-PA-19], Rep. Burgener, Clair W. [R-CA-43], Rep. Edwards, Mickey [R-OK-5], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Flynt, John J., Jr. [D-GA-6], Rep. Mazzoli, Romano L. [D-KY-3], Rep. Roberts, Ray [D-TX-4], Rep. Evans, Billy Lee [D-GA-8], Rep. Young, C. W. Bill [R-FL-13]

Subjects

Taxation

Source updated

2 September 2025

Taxation

Summary

Investment Incentive Act - Amends the Internal Revenue Code to restore part of the pre-1969 tax treatment of capital gains by repealing the capital gains item of tax preference for the minimum tax; lowering the corporate alternative tax to 25 percent of net capital gain; and lowering the alternative individual tax to 25 percent of net capital gain.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 9 June 1978

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 9 June 1978

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 9 June 1978

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

Sources

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