United States · Bill · HR
H.R. 5096 (98th)
Minority Investment Tax Act of 1984
Introduced
8 March 1984
Last action
8 March 1984 · Introduced
Status
Referred to House Committee on Ways and Means.
Sponsors
Rep. Rangel, Charles B. [D-NY-15], Rep. Mitchell, Parren J. [D-MD-7], Rep. Clay, William (Bill) [D-MO-1], Rep. Collins, Cardiss [D-IL-7], Rep. Dixon, Julian C. [D-CA-32], Rep. Ford, Harold E. [D-TN-9], Rep. Gray, William H., III [D-PA-2], Rep. Hawkins, Augustus F. [D-CA-29], Rep. Hayes, Charles A. [D-IL-1], Rep. Towns, Edolphus [D-NY-10], Del. Fauntroy, Walter E. [D-DC-At Large], Rep. Stokes, Louis [D-OH-11]
Subjects
Taxation
Source updated
29 August 2025
Summary
Minority Investment Tax Act of 1984 - Amends the Internal Revenue Code to provide for the nonrecognition of capital gain where such gain is reinvested in the stock of a mutual fund or other investment company which: (1) primarily invests in business enterprises controlled by minority persons; and (2) is owned, managed, affiliated, or otherwise controlled by a qualified minority company.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
8 March 1984
Introduced
Referred to House Committee on Ways and Means.
Source: IntroReferral
8 March 1984
Introduced
Introduced in House
Source: IntroReferral
8 March 1984
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
1 official file
Leesvertaling
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Introduced in House
summary · EN · 8 March 1984
Sponsors
- Rep. Rangel, Charles B. [D-NY-15] · D · Sponsor
- Rep. Mitchell, Parren J. [D-MD-7] · D · Sponsor
- Rep. Clay, William (Bill) [D-MO-1] · D · Sponsor
- Rep. Collins, Cardiss [D-IL-7] · D · Sponsor
- Rep. Dixon, Julian C. [D-CA-32] · D · Sponsor
- Rep. Ford, Harold E. [D-TN-9] · D · Sponsor
- Rep. Gray, William H., III [D-PA-2] · D · Sponsor
- Rep. Hawkins, Augustus F. [D-CA-29] · D · Sponsor
- Rep. Hayes, Charles A. [D-IL-1] · D · Sponsor
- Rep. Towns, Edolphus [D-NY-10] · D · Sponsor
- Del. Fauntroy, Walter E. [D-DC-At Large] · D · Sponsor
- Rep. Stokes, Louis [D-OH-11] · D · Sponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/98th-congress/house-bill/5096
- Open data entity: https://api.congress.gov/v3/bill/98/hr/5096
- us · 98-hr-5096 · source updated 29 August 2025