US HB1070 | 2009-2010 | 111th Congress

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 13 2009 - 25% progression, died in committee
Action: 2009-02-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amends the Internal Revenue Code to increase to $10,000 the limitation on the amount of losses from the sale or exchange of capital assets that an individual taxpayer may deduct in a taxable year beginning after December 31, 2007.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to increase the limitation on the capital loss carryovers of individuals to $10,000.

Sponsors


History

DateChamberAction
2009-02-13 Referred to the House Committee on Ways and Means.

Same As/Similar To

HB1857 (Related) 2009-04-01 - Referred to the House Committee on Ways and Means.
HB1968 (Related) 2009-04-02 - Referred to the House Committee on Ways and Means.
SB978 (Related) 2009-05-05 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


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