United States · Bill · HR
H.R. 7846 (96th)
Capital Investment Incentive Act of 1980
Introduced
28 July 1980
Last action
28 July 1980 · Introduced
Status
Referred to House Committee on Ways and Means.
Sponsors
Rep. Frenzel, Bill [R-MN-3], Rep. Heftel, Cecil [D-HI-1], Rep. Rousselot, John H. [R-CA-26], Rep. Archer, Bill [R-TX-7], Rep. Collins, James M. [R-TX-3], Rep. Royer, William [R-CA-11], Rep. Forsythe, Edwin B. [R-NJ-6], Rep. Stockman, David A. [R-MI-4], Rep. Badham, Robert E. [R-CA-40], Rep. Whitehurst, G. William [R-VA-2], Rep. Edwards, Mickey [R-OK-5], Rep. Derwinski, Edward J. [R-IL-4], Rep. Erdahl, Arlen [R-MN-1], Rep. Stangeland, Arlan [R-MN-7], Rep. Mineta, Norman Y. [D-CA-15], Rep. Marks, Marc L. [R-PA-24], Rep. Railsback, Thomas F. [R-IL-19], Rep. Green, S. William [R-NY-15], Rep. Petri, Thomas E. [R-WI-6], Rep. Thomas, William M. [R-CA-21], Rep. McCloskey, Paul N., Jr. [R-CA-12], Rep. Wolpe, Howard E. [D-MI-3]
Subjects
Taxation
Source updated
2 September 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
28 July 1980
Introduced
Referred to House Committee on Ways and Means.
Source: IntroReferral
28 July 1980
Introduced
Introduced in House
Source: IntroReferral
28 July 1980
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 · 28 July 1980
Sponsors
- Rep. Frenzel, Bill [R-MN-3] · R · Sponsor
- Rep. Heftel, Cecil [D-HI-1] · D · Cosponsor
- Rep. Rousselot, John H. [R-CA-26] · R · Cosponsor
- Rep. Archer, Bill [R-TX-7] · R · Cosponsor
- Rep. Collins, James M. [R-TX-3] · R · Cosponsor
- Rep. Royer, William [R-CA-11] · R · Cosponsor
- Rep. Forsythe, Edwin B. [R-NJ-6] · R · Cosponsor
- Rep. Stockman, David A. [R-MI-4] · R · Cosponsor
- Rep. Badham, Robert E. [R-CA-40] · R · Cosponsor
- Rep. Whitehurst, G. William [R-VA-2] · R · Cosponsor
- Rep. Edwards, Mickey [R-OK-5] · R · Cosponsor
- Rep. Derwinski, Edward J. [R-IL-4] · R · Cosponsor
- Rep. Erdahl, Arlen [R-MN-1] · R · Cosponsor
- Rep. Stangeland, Arlan [R-MN-7] · R · Cosponsor
- Rep. Mineta, Norman Y. [D-CA-15] · D · Cosponsor
- Rep. Marks, Marc L. [R-PA-24] · R · Cosponsor
- Rep. Railsback, Thomas F. [R-IL-19] · R · Cosponsor
- Rep. Green, S. William [R-NY-15] · R · Cosponsor
- Rep. Petri, Thomas E. [R-WI-6] · R · Cosponsor
- Rep. Thomas, William M. [R-CA-21] · R · Cosponsor
- Rep. McCloskey, Paul N., Jr. [R-CA-12] · R · Cosponsor
- Rep. Wolpe, Howard E. [D-MI-3] · D · Cosponsor
- · hswm00 · Standing
Related records
- related to ← Capital Investment Incentive Act of 1980
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/96th-congress/house-bill/7846
- Open data entity: https://api.congress.gov/v3/bill/96/hr/7846
- us · 96-hr-7846 · source updated 2 September 2025