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United States · Bill · HR

H.R. 7994 (96th)

Capital Investment Tax Incentive Act of 1980

referredUnited States· United States Congress· EN

Introduced

21 August 1980

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Capital Investment Tax Incentive Act of 1980 - Amends the Internal Revenue Code to increase the deduction for net capital gain from 60 to 70 percent in the case of individual taxpayers. Reduces the capital gains tax rate for corporations from 28 to 21 percent.

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Documents

1 official file

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