United States · Bill · HR
H.R. 719 (101st)
Inflation Tax Relief Act of 1989
Introduced
31 January 1989
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
26 August 2025
Summary
Inflation Tax Relief Act of 1989 - Amends the Internal Revenue Code to require indexing, based on the gross national product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of 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.
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Documents
2 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 31 January 1989
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/101st-congress/house-bill/719
- Open data entity: https://api.congress.gov/v3/bill/101/hr/719