United States · Bill · HR
H.R. 4877 (111th)
Community Bank and Automotive Industry Recapitalization Act of 2010
Introduced
18 March 2010
Last action
18 March 2010 · Introduced
Status
Referred to House Financial Services
Sponsors
Rep. Polis, Jared [D-CO-2], Rep. Coffman, Mike [R-CO-6], Rep. Schauer, Mark H. [D-MI-7], Rep. Kosmas, Suzanne M. [D-FL-24], Rep. Richardson, Laura [D-CA-37], Rep. Pascrell, Bill, Jr. [D-NJ-9], Sen. Peters, Gary C. [D-MI]
Subjects
Taxation
Source updated
6 December 2025
Summary
Community Bank and Automotive Industry Recapitalization Act of 2010 - Amends the Internal Revenue Code to exclude from gross income gain from the sale of qualified investment property acquired within 18 months after the enactment of this Act and held for more than five years. Defines "qualified investment property" as original issue stock in a community bank with less than $10 billion in assets or an automotive company.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
18 March 2010
Introduced
Referred to House Ways and Means
Source: IntroReferral
18 March 2010
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
18 March 2010
Introduced
Introduced in House
Source: IntroReferral
18 March 2010
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 18 March 2010 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 18 March 2010
Introduced in House (PDF)
Introduced in House · EN · 18 March 2010
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Introduced in House
summary · EN · 18 March 2010
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Sponsors
- Rep. Polis, Jared [D-CO-2] · D · Sponsor
- Rep. Coffman, Mike [R-CO-6] · R · Sponsor
- Rep. Schauer, Mark H. [D-MI-7] · D · Sponsor
- Rep. Kosmas, Suzanne M. [D-FL-24] · D · Sponsor
- Rep. Richardson, Laura [D-CA-37] · D · Cosponsor
- Rep. Pascrell, Bill, Jr. [D-NJ-9] · D · Cosponsor
- Sen. Peters, Gary C. [D-MI] · D · Cosponsor
- · hsba00 · Standing
- · hswm00 · Standing
Related records
- related to → Enterprise Sector Investment Opportunity Act of 2009
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/111th-congress/house-bill/4877
- Open data entity: https://api.congress.gov/v3/bill/111/hr/4877
- us · 111-hr-4877 · source updated 6 December 2025