To amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax treatment of incentive stock options, thereby changing the taxable event from the exercise of the stock option to the sale of stock.

referredUnited States· United States Congress· EN

Introduced

4 April 2001

Last action

4 April 2001 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Lofgren, Zoe [D-CA-18], Rep. Tauscher, Ellen O. [D-CA-10], Rep. Sanchez, Loretta [D-CA-46], Rep. Farr, Sam [D-CA-20], Rep. Woolsey, Lynn C. [D-CA-6], Rep. Jefferson, William J. [D-LA-2], Rep. Matsui, Robert T. [D-CA-5], Rep. Eshoo, Anna G. [D-CA-18], Rep. Honda, Michael M. [D-CA-15], Rep. Harman, Jane [D-CA-36], Rep. Baird, Brian [D-WA-3], Rep. Pelosi, Nancy [D-CA-11], Rep. Sherman, Brad [D-CA-32], Rep. Moran, James P. [D-VA-8], Rep. Davis, Tom [R-VA-11], Rep. Issa, Darrell [R-CA-48], Rep. Cox, Christopher [R-CA-48], Sen. Udall, Mark [D-CO], Sen. Isakson, Johnny [R-GA], Rep. Wu, David [D-OR-1], Rep. Lantos, Tom [D-CA-12], Rep. Price, David E. [D-NC-4], Rep. Inslee, Jay [D-WA-1], Rep. Filner, Bob [D-CA-51], Rep. Morella, Constance A. [R-MD-8], Rep. Evans, Lane [D-IL-17], Rep. Fossella, Vito [R-NY-13], Rep. Waxman, Henry A. [D-CA-33], Rep. McGovern, James P. [D-MA-2], Rep. Ramstad, Jim [R-MN-3], Rep. Gilman, Benjamin A. [R-NY-20], Rep. Gallegly, Elton [R-CA-24], Rep. Calvert, Ken [R-CA-41], Rep. Wolf, Frank R. [R-VA-10], Rep. Frank, Barney [D-MA-4], Rep. Cantor, Eric [R-VA-7], Rep. Davis, Jim [D-FL-11], Rep. Duncan, John J., Jr. [R-TN-2], Rep. Smith, Lamar [R-TX-21], Rep. McCollum, Betty [D-MN-4], Rep. Thurman, Karen L. [D-FL-5], Rep. Frost, Martin [D-TX-24], Rep. Cannon, Chris [R-UT-3], Rep. Towns, Edolphus [D-NY-10], Rep. Moore, Dennis [D-KS-3], Rep. Shays, Christopher [R-CT-4], Rep. Olver, John W. [D-MA-1], Rep. Gordon, Bart [D-TN-6]

Subjects

Taxation

Source updated

10 February 2026

Taxation

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Summary

Amends the Internal Revenue Code to repeal the provision providing for the alternative minimum tax treatment of the transfer of incentive stock options (thereby changing the taxable event from the exercise of a stock option to the sale of stock).

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

Timeline

4 April 2001
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
4 April 2001
Introduced
Introduced in House
Source: IntroReferral
4 April 2001
Introduced
Introduced in House
Source: IntroReferral

Votes

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Versions

Introduced in House · 4 April 2001 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 4 April 2001
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Introduced in House (PDF)
Introduced in House · EN · 4 April 2001
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Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 4 April 2001
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

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Sources

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Official source: https://www.congress.gov/bill/107th-congress/house-bill/1487
Open data entity: https://api.congress.gov/v3/bill/107/hr/1487
us · 107-hr-1487 · source updated 10 February 2026