United States · Bill · S
S. 1172 (97th)
A bill to amend the Internal Revenue Code of 1954 to eliminate the holding-period requirements for capital gains treatment.
Introduced
12 May 1981
Last action
—
Status
Committee on Finance requested executive comment from OMB; Treasury Department.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to redefine capital gains and losses so as to eliminate the one year holding period requirement for capital gains tax treatment. Revises the tax treatment of capital losses.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 12 May 1981
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/senate-bill/1172
- Open data entity: https://api.congress.gov/v3/bill/97/s/1172