United States · Bill · HR
H.R. 7994 (96th)
Capital Investment Tax Incentive Act of 1980
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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Versions
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Documents
1 official file
Introduced in House
summary · EN · 21 August 1980
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/96th-congress/house-bill/7994
- Open data entity: https://api.congress.gov/v3/bill/96/hr/7994