Savings and Investment Incentive Act

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.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 5 January 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 5 January 1993

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• Introduced in House

  summary · EN · 5 January 1993

  Open at official source

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