Capital Formation and Jobs Creation Act of 1995

Summary

Capital Formation and Jobs Creation Act of 1995 - Amends the Internal Revenue Code to allow a 50 percent income tax deduction for the net capital gain of both corporate and noncorporate taxpayers. Requires indexing, based on the gross domestic product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset or property used in a trade or business) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Allows an itemized deduction for losses arising from the sale or exchange of a principal residence.

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

Timeline

1. 4 January 1995

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 4 January 1995

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 January 1995

   Introduced

   Introduced in House

   Source: IntroReferral

4. 24 January 1995

   Introduced

   Sponsor introductory remarks on measure. (CR E168)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 January 1995 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 January 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 January 1995

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 4 January 1995

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Archer, Bill [R-TX-7] · R · Sponsor
• Rep. Zimmer, Dick [R-NJ-12] · R · Sponsor
• Rep. Crane, Philip M. [R-IL-8] · R · Sponsor
• Rep. Thomas, William M. [R-CA-21] · R · Sponsor
• Rep. Shaw, E. Clay, Jr. [R-FL-22] · R · Sponsor
• Rep. Johnson, Nancy L. [R-CT-5] · R · Sponsor
• Sen. Bunning, Jim [R-KY] · R · Sponsor
• Rep. Houghton, Amo [R-NY-31] · R · Sponsor
• Rep. Herger, Wally [R-CA-2] · R · Sponsor
• Rep. McCrery, Jim [R-LA-4] · R · Sponsor
• Rep. Hancock, Mel [R-MO-7] · R · Sponsor
• Rep. Camp, Dave [R-MI-4] · R · Sponsor
• Rep. Ramstad, Jim [R-MN-3] · R · Sponsor
• Rep. Nussle, Jim [R-IA-2] · R · Sponsor
• Rep. Johnson, Sam [R-TX-3] · R · Sponsor
• Rep. Dunn, Jennifer [R-WA-8] · R · Sponsor
• Rep. Collins, Mac [R-GA-3] · R · Sponsor
• Sen. Portman, Rob [R-OH] · R · Sponsor
• Rep. English, Phil [R-PA-3] · R · Sponsor
• Sen. Ensign, John [R-NV] · R · Sponsor
• Rep. Christensen, Jon [R-NE-2] · R · Sponsor
• Rep. Bliley, Tom [R-VA-7] · R · Sponsor
• Rep. Emerson, Bill [R-MO-8] · R · Sponsor
• Rep. Greenwood, James C. [R-PA-8] · R · Sponsor
• Rep. Canady, Charles T. [R-FL-12] · R · Sponsor
• Rep. Latham, Tom [R-IA-3] · R · Sponsor
• Rep. Burton, Dan [R-IN-5] · R · Sponsor
• Rep. Meyers, Jan [R-KS-3] · R · Sponsor
• Rep. Saxton, Jim [R-NJ-3] · R · Sponsor
• Rep. McIntosh, David M. [R-IN-2] · R · Sponsor
• Rep. Royce, Edward R. [R-CA-39] · R · Sponsor
• Rep. Livingston, Bob [R-LA-1] · R · Sponsor
• Rep. Frisa, Dan [R-NY-4] · R · Sponsor
• Rep. Stump, Bob [R-AZ-3] · R · Sponsor
• Rep. Taylor, Charles H. [R-NC-11] · R · Sponsor
• Rep. Bartlett, Roscoe G. [R-MD-6] · R · Sponsor
• Sen. Hutchinson, Tim [R-AR] · R · Sponsor
• Rep. Baker, Bill [R-CA-10] · R · Sponsor
• Rep. Cunningham, Randy (Duke) [R-CA-50] · R · Sponsor
• Rep. Quillen, James H. (Jimmy) [R-TN-1] · R · Sponsor
• Sen. Allard, Wayne [R-CO] · R · Sponsor
• Rep. Smith, Lamar [R-TX-21] · R · Sponsor
• Rep. Rohrabacher, Dana [R-CA-48] · R · Sponsor
• Rep. Bachus, Spencer [R-AL-6] · R · Sponsor
• Rep. Pryce, Deborah [R-OH-15] · R · Sponsor
• Rep. Blute, Peter I. [R-MA-3] · R · Sponsor
• Rep. Forbes, Michael P. [D-NY-1] · R · Sponsor
• Rep. Gallegly, Elton [R-CA-24] · R · Sponsor

Showing 48 of 84 sponsors and actors.

Related records

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