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United States · Bill · HR

H.R. 1629 (105th)

To amend the Internal Revenue Code of 1986 to reduce the maximum capital gains tax rate by one-half for taxpayers age 55 and older.

referredUnited States· United States Congress· EN

Introduced

15 May 1997

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to reduce the maximum capital gains tax rate by one-half of the current rate for taxpayers who are 55 years or older (as of the last day of the taxable year).

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Documents

3 official files

Introduced in House (text)

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