United States · Bill · S
S. 5233 (118th)
No Capital Gains Allowance for American Adversaries Act
Introduced
25 September 2024
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
22 October 2024
Summary
No Capital Gains Allowance for American Adversaries Act This bill treats gains and dividends derived from transactions involving countries of concern as ordinary income. The bill defines countries of concern to include China (including Hong Kong and Macao and excluding Taiwan), Russia, Belarus, Iran, and North Korea.
This text is taken from the official record. PoliticalRepo does not editorialize.
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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 (text)
Introduced in Senate · EN · 25 September 2024
Introduced in Senate (PDF)
Introduced in Senate · EN · 25 September 2024
Introduced in Senate
summary · EN · 25 September 2024
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/5233
- Open data entity: https://api.congress.gov/v3/bill/118/s/5233