United States · Bill · HR
H.R. 1379 (105th)
American Dream Tax Fairness Equity Act of 1997
Introduced
17 April 1997
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
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.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 17 April 1997
Introduced in House (PDF)
Introduced in House · EN · 17 April 1997
Introduced in House
summary · EN · 17 April 1997
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/105th-congress/house-bill/1379
- Open data entity: https://api.congress.gov/v3/bill/105/hr/1379