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United States · Bill · HR

H.R. 2794 (107th)

To provide relief from the alternative minimum tax with respect to incentive stock options exercised during 2000.

openUnited States· United States Congress· EN

Introduced

2 August 2001

Last action

3 August 2001 · Introduced

Status

Sponsor introductory remarks on measure. (CR E1517-1518)

Sponsors

Richard Neal, Rep. Davis, Tom [R-VA-11], Rep. Lofgren, Zoe [D-CA-18], Rep. Weller, Jerry [R-IL-11], Rep. Matsui, Robert T. [D-CA-3], Rep. Dunn, Jennifer [R-WA-8], Rep. Doggett, Lloyd [D-TX-37], Rep. Wolf, Frank R. [R-VA-10], Rep. Harman, Jane [D-CA-36], Rep. Cannon, Chris [R-UT-3], Rep. Frank, Barney [D-MA-4], Rep. Cantor, Eric [R-VA-7], Rep. Moran, James P. [D-VA-8], Rep. Pomeroy, Earl [D-ND-At Large], Anna Eshoo, Rep. Ose, Doug [R-CA-3], Rep. McGovern, James P. [D-MA-2], Rep. Greenwood, James C. [R-PA-8], Rep. Riley, Bob [R-AL-3], Rep. Herger, Wally [R-CA-2], Rep. Manzullo, Donald A. [R-IL-16], Rep. Honda, Michael M. [D-CA-17], Rep. Meehan, Martin T. [D-MA-5], DAVID PRICE, Rep. Cunningham, Randy (Duke) [R-CA-50], Rep. Ramstad, Jim [R-MN-3], Rep. Frost, Martin [D-TX-24], LAMAR SMITH, Rep. Radanovich, George [R-CA-19], Rep. Ganske, Greg [R-IA-4], Rep. Olver, John W. [D-MA-1], Brad Sherman, Rep. Kolbe, Jim [R-AZ-5], Rep. Deal, Nathan [R-GA-9], Rep. Shaw, E. Clay, Jr. [R-FL-15], Rep. Davis, Jo Ann [R-VA-1], Rep. Knollenberg, Joe [R-MI-9], Rep. Woolsey, Lynn C. [D-CA-6], Rep. Tauscher, Ellen O. [D-CA-10], Rep. Waxman, Henry A. [D-CA-24], Sen. Udall, Mark [D-CO], Rep. Largent, Steve [R-OK-1], Rep. Boswell, Leonard L. [D-IA-3], Rep. Morella, Constance A. [R-MD-8], Rep. Andrews, Robert E. [D-NJ-1], Rep. Evans, Lane [D-IL-17], Rep. Hall, Ralph M. [D-TX-4], Rep. Leach, James A. [R-IA-1]

Subjects

Taxation

Source updated

2 January 2025

Taxation

Summary

Provides that, under the Internal Revenue Code (the Code), in the case of an incentive stock option exercised during calendar year 2000, the amount taken into account, under provisions of the Code concerning adjustments in computing alternative minimum taxable income for individuals, by reason of such exercise shall not exceed the amount that would have been taken into account if, on the date of such exercise, the fair market value of the stock acquired pursuant to such option had been its fair market value as of April 15, 2001 (or, if such stock is sold or exchanged on or before such date, the amount realized on such sale or exchange).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 2 August 2001

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 2 August 2001

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 2 August 2001

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 3 August 2001

    Introduced

    Sponsor introductory remarks on measure. (CR E1517-1518)

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Showing 48 of 49 sponsors and actors.

Related records

Sources

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