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United States · Bill · HR

H.R. 7 (97th)

Capital Investment Incentive Act of 1980

referredUnited States· United States Congress· EN

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

Taxation

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

  1. 5 January 1981

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 5 January 1981

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 5 January 1981

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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