United States · Bill · HR
H.R. 7 (97th)
Capital Investment Incentive Act of 1980
Introduced
5 January 1981
Last action
5 January 1981 · Introduced
Status
Referred to House Committee on Ways and Means.
Sponsors
Rep. Frenzel, Bill [R-MN-3], Rep. Heftel, Cecil [D-HI-1], Rep. Duncan, John J. [R-TN-2], Rep. Holland, Kenneth L. [D-SC-5], Rep. Archer, Bill [R-TX-7], Rep. Jacobs, Andrew, Jr. [D-IN-10], Rep. Rousselot, John H. [R-CA-26], Rep. Martin, James G. [R-NC-9], Rep. Moore, W. Henson [R-LA-6], Rep. Bafalis, L. A. (Skip) [R-FL-10], Rep. McCloskey, Paul N., Jr. [R-CA-12], Rep. Porter, John Edward [R-IL-10], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Collins, James M. [R-TX-3], Rep. Hyde, Henry J. [R-IL-6], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Madigan, Edward R. [R-IL-15], Rep. Railsback, Thomas F. [R-IL-19], Rep. Pritchard, Joel [R-WA-1], Rep. Coleman, E. Thomas [R-MO-6], Rep. Lloyd, Marilyn [D-TN-3], Sen. Gregg, Judd [R-NH], Rep. Goldwater, Barry, Jr. [R-CA-20], Rep. Forsythe, Edwin B. [R-NJ-6], Rep. Whitehurst, G. William [R-VA-2], Rep. Daniel, W. C. (Dan) [D-VA-5], Rep. Murphy, Austin J. [D-PA-20], Rep. Sawyer, Harold S. [R-MI-5], Rep. Green, S. William [R-NY-15], Rep. Johnston, Eugene (Gene) [R-NC-6], Rep. Gingrich, Newt [R-GA-6], Rep. Wolf, Frank R. [R-VA-10], Rep. Coelho, Anthony Lee [D-CA-15], Rep. Lujan, Manuel, Jr. [R-NM-1], Rep. Coyne, James K. [R-PA-8], Rep. Beard, Robin [R-TN-6], Rep. Evans, Thomas B., Jr. [R-DE-At Large], Rep. Burgener, Clair W. [R-CA-43], Rep. Hall, Ralph M. [R-TX-4], Sen. Daschle, Thomas A. [D-SD], Rep. Evans, Billy Lee [D-GA-8], Rep. Morrison, Sid [R-WA-4], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Daub, Hal [R-NE-2]
Subjects
Taxation
Source updated
29 August 2025
Summary
Capital Investment Incentive Act of 1980 - Amends the Internal Revenue Code to increase from 60 percent to 70 percent the noncorporate capital gains deduction from gross income. Reduces from 28 percent to 21 percent the corporate alternative minimum tax rate on capital gains.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
5 January 1981
Introduced
Referred to House Committee on Ways and Means.
Source: IntroReferral
5 January 1981
Introduced
Introduced in House
Source: IntroReferral
5 January 1981
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 · 5 January 1981
Sponsors
- Rep. Frenzel, Bill [R-MN-3] · R · Sponsor
- Rep. Heftel, Cecil [D-HI-1] · D · Sponsor
- Rep. Duncan, John J. [R-TN-2] · R · Cosponsor
- Rep. Holland, Kenneth L. [D-SC-5] · D · Cosponsor
- Rep. Archer, Bill [R-TX-7] · R · Cosponsor
- Rep. Jacobs, Andrew, Jr. [D-IN-10] · D · Cosponsor
- Rep. Rousselot, John H. [R-CA-26] · R · Cosponsor
- Rep. Martin, James G. [R-NC-9] · R · Cosponsor
- Rep. Moore, W. Henson [R-LA-6] · R · Cosponsor
- Rep. Bafalis, L. A. (Skip) [R-FL-10] · R · Cosponsor
- Rep. McCloskey, Paul N., Jr. [R-CA-12] · R · Cosponsor
- Rep. Porter, John Edward [R-IL-10] · R · Cosponsor
- Rep. Lagomarsino, Robert J. [R-CA-19] · R · Cosponsor
- Rep. Collins, James M. [R-TX-3] · R · Cosponsor
- Rep. Hyde, Henry J. [R-IL-6] · R · Cosponsor
- Rep. Barnard, Doug, Jr. [D-GA-10] · D · Cosponsor
- Rep. Madigan, Edward R. [R-IL-15] · R · Cosponsor
- Rep. Railsback, Thomas F. [R-IL-19] · R · Cosponsor
- Rep. Pritchard, Joel [R-WA-1] · R · Cosponsor
- Rep. Coleman, E. Thomas [R-MO-6] · R · Cosponsor
- Rep. Lloyd, Marilyn [D-TN-3] · D · Cosponsor
- Sen. Gregg, Judd [R-NH] · R · Cosponsor
- Rep. Goldwater, Barry, Jr. [R-CA-20] · R · Cosponsor
- Rep. Forsythe, Edwin B. [R-NJ-6] · R · Cosponsor
- Rep. Whitehurst, G. William [R-VA-2] · R · Cosponsor
- Rep. Daniel, W. C. (Dan) [D-VA-5] · D · Cosponsor
- Rep. Murphy, Austin J. [D-PA-20] · D · Cosponsor
- Rep. Sawyer, Harold S. [R-MI-5] · R · Cosponsor
- Rep. Green, S. William [R-NY-15] · R · Cosponsor
- Rep. Johnston, Eugene (Gene) [R-NC-6] · R · Cosponsor
- Rep. Gingrich, Newt [R-GA-6] · R · Cosponsor
- Rep. Wolf, Frank R. [R-VA-10] · R · Cosponsor
- Rep. Coelho, Anthony Lee [D-CA-15] · D · Cosponsor
- Rep. Lujan, Manuel, Jr. [R-NM-1] · R · Cosponsor
- Rep. Coyne, James K. [R-PA-8] · R · Cosponsor
- Rep. Beard, Robin [R-TN-6] · R · Cosponsor
- Rep. Evans, Thomas B., Jr. [R-DE-At Large] · R · Cosponsor
- Rep. Burgener, Clair W. [R-CA-43] · R · Cosponsor
- Rep. Hall, Ralph M. [R-TX-4] · D · Cosponsor
- Sen. Daschle, Thomas A. [D-SD] · D · Cosponsor
- Rep. Evans, Billy Lee [D-GA-8] · D · Cosponsor
- Rep. Morrison, Sid [R-WA-4] · R · Cosponsor
- Rep. Fish, Hamilton, Jr. [R-NY-19] · R · Cosponsor
- Rep. Daub, Hal [R-NE-2] · R · Cosponsor
- · 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/97th-congress/house-bill/7
- Open data entity: https://api.congress.gov/v3/bill/97/hr/7
- us · 97-hr-7 · source updated 29 August 2025