United States · Bill · HR
H.R. 611 (97th)
American Innovation Tax Incentive Act of 1981
Introduced
5 January 1981
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
American Innovation Tax Incentive Act of 1981 - Amends the Internal Revenue Code to reduce the rate of tax on the net capital gains of individuals and corporations which realize gain from the sale of qualified securities issued by small business corporations. Sets forth requirements for the qualification of small business corporation securities with respect to the size of the issuing corporation and employee ownership.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 5 January 1981
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/house-bill/611
- Open data entity: https://api.congress.gov/v3/bill/97/hr/611