United States · Bill · S
S. 2923 (96th)
Capital Investment Incentive Act of 1980
Introduced
2 July 1980
Last action
2 July 1980 · Introduced
Status
Referred to Senate Committee on Finance.
Sponsors
Sen. Cranston, Alan [D-CA], Sen. Percy, Charles H. [R-IL], Sen. Bentsen, Lloyd M. [D-TX], Sen. Thurmond, Strom [R-SC]
Subjects
Taxation
Source updated
2 September 2025
Summary
Capital Investment Incentive Act of 1980 - Amends the Internal Revenue Code to increase from 60 percent to 70 percent the noncorporate capital gains deduction from gross income. Reduces from 28 percent to 21 percent the corporate alternative minimum tax rate on capital gains.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
2 July 1980
Introduced
Referred to Senate Committee on Finance.
Source: IntroReferral
2 July 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
Introduced in Senate
summary · EN · 2 July 1980
Sponsors
- Sen. Cranston, Alan [D-CA] · D · Sponsor
- Sen. Percy, Charles H. [R-IL] · R · Cosponsor
- Sen. Bentsen, Lloyd M. [D-TX] · D · Cosponsor
- Sen. Thurmond, Strom [R-SC] · R · Cosponsor
- · ssfi00 · Standing
Related records
- related to → Capital Investment Incentive Act of 1980
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/96th-congress/senate-bill/2923
- Open data entity: https://api.congress.gov/v3/bill/96/s/2923
- us · 96-s-2923 · source updated 2 September 2025