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United States · Bill · HR

H.R. 4221 (108th)

To amend the Internal Revenue Code of 1986 to reduce for individuals the maximum rate of tax on unrecaptured section 1250 gain from 25 percent to 15 percent.

referredUnited States· United States Congress· EN

Introduced

27 April 2004

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Amends the Internal Revenue Code to reduce capital gain and alternative minimum tax rates on unrecaptured Section 1250 (gain from dispositions of certain depreciable realty) gain for individual taxpayers.

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Documents

3 official files

Introduced in House (text)

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