United States · Bill · HR
H.R. 159 (106th)
American Dream Tax Fairness Equity Act of 1997
Introduced
6 January 1999
Last action
6 January 1999 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Hill, Rick [R-MT-At Large], Sen. Talent, Jim [R-MO], Rep. Chenoweth-Hage, Helen [R-ID-1], Rep. Schaffer, Bob [R-CO-4]
Subjects
Taxation
Source updated
20 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
6 January 1999
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
6 January 1999
Introduced
Introduced in House
Source: IntroReferral
6 January 1999
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 6 January 1999 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 6 January 1999
Introduced in House (PDF)
Introduced in House · EN · 6 January 1999
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Introduced in House
summary · EN · 6 January 1999
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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
- Sen. Talent, Jim [R-MO] · R · Sponsor
- Rep. Chenoweth-Hage, Helen [R-ID-1] · R · Sponsor
- Rep. Schaffer, Bob [R-CO-4] · R · Sponsor
- · 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/106th-congress/house-bill/159
- Open data entity: https://api.congress.gov/v3/bill/106/hr/159
- us · 106-hr-159 · source updated 20 August 2025