A bill to amend the Internal Revenue Code of 1954 to provide a limited exclusion of capital gains realized by taxpayers other than corporations on securities.

referredUnited States· United States Congress· EN

Introduced

23 January 1975

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Small Investors Act - Provides a limited exclusion of up to $1,000 under the Internal Revenue Code for the excess amount of long-term capital gain over short-term capital loss realized by taxpayers other than corporations on the sale or exchange of securities.

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Votes

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 23 January 1975
Open at official source

Related records

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/house-bill/1987
Open data entity: https://api.congress.gov/v3/bill/94/hr/1987