United States · Bill · HR
H.R. 1379 (105th)
American Dream Tax Fairness Equity Act of 1997
Introduced
17 April 1997
Last action
17 April 1997 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Hill, Rick [R-MT-At Large], Rep. Smith, Nick [R-MI-7], Rep. Schaffer, Bob [R-CO-4], Rep. Young, Don [R-AK-At Large], Rep. Chenoweth-Hage, Helen [R-ID-1], Sen. Graham, Lindsey [R-SC], Sen. Talent, Jim [R-MO]
Subjects
Taxation
Source updated
21 August 2025
Summary
American Dream Tax Fairness Equity Act of 1997 - Amends the Internal Revenue Code to reduce the three-year capital gains rate to 15 percent. Revises provisions regulating the computation of estate and gift taxes and credits, basing the taxes and credits on capital gains. Requires a trust, on the death of any individual who contributed property to the trust, to recognize gain or loss as if that property was sold for its fair market value on the death date. Provides for the treatment of contributions by partnerships or corporations.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
17 April 1997
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
17 April 1997
Introduced
Introduced in House
Source: IntroReferral
17 April 1997
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 17 April 1997 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 17 April 1997
Introduced in House (PDF)
Introduced in House · EN · 17 April 1997
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Introduced in House
summary · EN · 17 April 1997
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Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Hill, Rick [R-MT-At Large] · R · Sponsor
- Rep. Smith, Nick [R-MI-7] · R · Cosponsor
- Rep. Schaffer, Bob [R-CO-4] · R · Cosponsor
- Rep. Young, Don [R-AK-At Large] · R · Cosponsor
- Rep. Chenoweth-Hage, Helen [R-ID-1] · R · Cosponsor
- Sen. Graham, Lindsey [R-SC] · R · Cosponsor
- Sen. Talent, Jim [R-MO] · R · Cosponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/105th-congress/house-bill/1379
- Open data entity: https://api.congress.gov/v3/bill/105/hr/1379
- us · 105-hr-1379 · source updated 21 August 2025