A bill to amend section 302 of the Internal Revenue Code of 1954 with respect to the redemption of corporate stock held by an estate or trust.

Summary

Amends the Internal Revenue Code to limit the application of the attribution of ownership rules to a trust or estate which terminates its interest in a corporation through a stock redemption, for purposes of treating the proceeds from the stock redemption as capital gain.

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

Timeline

1. 21 September 1978

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 21 September 1978

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 September 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

• Introduced in House

  summary · EN · 21 September 1978

  Open at official source

Sponsors

• Rep. Treen, David C. [R-LA-3] · R · Sponsor
• Rep. Waggonner, Joe D., Jr. [D-LA-4] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to ← A Bill to amend the Internal Revenue Code of 1954.