United States · Bill · HR
H.R. 253 (103rd)
Savings and Investment Incentive Act
Introduced
5 January 1993
Last action
5 January 1993 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Neal, Stephen L. [D-NC-5], Rep. McNulty, Michael R. [D-NY-23], Rep. Jefferson, William J. [D-LA-2]
Subjects
Taxation
Source updated
26 August 2025
Summary
Savings and Investment Incentive Act - Amends the Internal Revenue Code to require indexing, based on the gross national product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Excludes from gross income dividends received by individuals from domestic corporations.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
5 January 1993
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
5 January 1993
Introduced
Introduced in House
Source: IntroReferral
5 January 1993
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 5 January 1993 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 5 January 1993
Introduced in House (PDF)
Introduced in House · EN · 5 January 1993
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Introduced in House
summary · EN · 5 January 1993
Leesvertaling
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. Neal, Stephen L. [D-NC-5] · D · Sponsor
- Rep. McNulty, Michael R. [D-NY-23] · D · Cosponsor
- Rep. Jefferson, William J. [D-LA-2] · D · Cosponsor
- · 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/103rd-congress/house-bill/253
- Open data entity: https://api.congress.gov/v3/bill/103/hr/253
- us · 103-hr-253 · source updated 26 August 2025