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United States · Bill · S

S. 2221 (96th)

A bill to amend the Internal Revenue Code of 1954 to increase from 60 percent to 80 percent the deduction allowed to individuals with respect to net capital gain from investment in small business.

referredUnited States· United States Congress· EN

Introduced

24 January 1980

Last action

24 January 1980 · Introduced

Status

Referred to Senate Committee on Finance.

Sponsors

Sen. Weicker, Lowell P., Jr. [R-CT], Sen. Hayakawa, Samuel Ichiye [R-CA], Sen. Hatch, Orrin G. [R-UT], Sen. Young, Milton R. [R-ND], Sen. Schmitt, Harrison H. [R-NM], Sen. Simpson, Alan K. [R-WY], Sen. Thurmond, Strom [R-SC]

Subjects

Taxation

Source updated

14 June 2021

Taxation

Official sourceView documentsShare

Summary

Amends the Internal Revenue Code to increase from 60 percent to 80 percent the income deduction allowed to individuals with respect to net capital gain from equity investment to small business.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 24 January 1980

    Introduced

    Referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 24 January 1980

    Introduced

    Introduced in Senate

    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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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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