United States · Bill · S
S. 2033 (112th)
Closing the Derivatives Blended Rate Loophole Act
Introduced
23 January 2012
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Closing the Derivatives Blended Rate Loophole Act - Amends the Internal Revenue Code to treat all gain or loss with respect to a section 1256 contract (i.e., any regulated futures contract, foreign currency contract, nonequity option, dealer equity option, and dealer securities future contract) as short-term capital gain or loss (currently, 60% of such gain or loss is treated as long-term capital gain or loss and is thus taxed at lower marginal rates).
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 23 January 2012
Introduced in Senate (PDF)
Introduced in Senate · EN · 23 January 2012
Introduced in Senate
summary · EN · 23 January 2012
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/112th-congress/senate-bill/2033
- Open data entity: https://api.congress.gov/v3/bill/112/s/2033