HR 5202
103th Congress
House
Taxation
Capital gains tax
Depreciation and amortization
Economics and Public Finance
Finance and Financial Sector
Income tax
Indexing (Economic policy)
Losses
Tax deductions
Tax exclusion
Valuation
Family Savings and Investors Protection Act of 1994
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 6, 1994
Referred to the House Committee on Ways and Means.
Oct 6, 1994
Sponsor introductory remarks on measure. (CR E2138)
Oct 6, 1994
Introduced in House
Plain-English summary
Family Savings and Investors Protection Act of 1994 - Amends the Internal Revenue Code to require indexing, based on the gross national product deflator, of the adjusted basis of certain assets (corporate stock and tangible property that is a capital asset of property used in a trade or business) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1