A bill to amend the Internal Revenue Code of 1954 to reduce the holding period required for long-term capital gain or loss treatment and for other purposes.

Summary

Amends the Internal Revenue Code to decrease the holding period for capital gains tax treatment from one year to six months. Reduces the amount of capital loss which an individual may offset against ordinary income to $1,000.

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

Timeline

1. 27 October 1983

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 27 October 1983

   Introduced

   Introduced in House

   Source: IntroReferral

3. 27 October 1983

   Introduced

   Introduced in House

   Source: IntroReferral

4. 27 June 1984

   Committee

   See H.R.4170.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 27 October 1983

  Open at official source

Sponsors

• Rep. Anthony, Beryl, Jr. [D-AR-4] · D · Sponsor
• Rep. Leath, Marvin [D-TX-11] · D · Sponsor
• Rep. Conable, Barber B., Jr. [R-NY-30] · R · Sponsor
• Rep. Guarini, Frank J. [D-NJ-14] · D · Sponsor
• Rep. Pickle, J. J. [D-TX-10] · D · Sponsor
• Rep. Duncan, John J. [R-TN-2] · R · Sponsor
• Rep. Ford, Harold E. [D-TN-9] · D · Sponsor
• Rep. Jones, James R. [D-OK-1] · D · Sponsor
• Rep. Gephardt, Richard A. [D-MO-3] · D · Sponsor
• Rep. Jenkins, Edgar L. [D-GA-9] · D · Sponsor
• Sen. Fowler, Wyche, Jr. [D-GA] · D · Sponsor
• Rep. Flippo, Ronnie G. [D-AL-5] · D · Sponsor
• Rep. Hance, Kent R. [D-TX-19] · D · Sponsor
• Rep. Heftel, Cecil [D-HI-1] · D · Sponsor
• Rep. Thomas, William M. [R-CA-21] · R · Sponsor
• · hswm00 · Standing

Related records

• related to ← Deficit Reduction Act of 1984