US HB2945 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Republican 43-0)
Status: Introduced on September 15 2011 - 25% progression, died in committee
Action: 2011-09-15 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 15 2011 - 25% progression, died in committee
Action: 2011-09-15 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Capital Gains Inflation Relief Act of 2011 - Amends the Internal Revenue Code to allow an inflation adjustment based upon the gross domestic product deflator to the adjusted basis of certain assets (including C corporation common stock and tangible property used in a trade or business) held by a taxpayer for more than three years for purposes of determining gain or loss on the sale or other disposition of such assets. Sets forth rules for applying such inflation adjustment to short sales, regulated investment companies and real estate investment trusts, partnerships and other pass-thru entities, and dispositions of assets between related persons.
Title
Capital Gains Inflation Relief Act of 2011
Sponsors
History
Date | Chamber | Action |
---|---|---|
2011-09-15 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB99 (Related) 2011-01-05 - Referred to the House Committee on Ways and Means.
HB3400 (Related) 2011-11-29 - Referred to the Subcommittee on Energy and Mineral Resources.
SB2199 (Related) 2012-03-15 - Read twice and referred to the Committee on Finance.
HB3400 (Related) 2011-11-29 - Referred to the Subcommittee on Energy and Mineral Resources.
SB2199 (Related) 2012-03-15 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/2945/all-info |
Text | https://www.congress.gov/112/bills/hr2945/BILLS-112hr2945ih.pdf |