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HR 2403 105th Congress House Taxation Capital gains tax Income tax Minimum tax Personal income tax Real property Tax cuts Tax rates

To amend the Internal Revenue Code of 1986 to reduce the rate of tax on unrecaptured section 1250 gain from 25 percent to 20 percent.

Introduced: September 4, 1997 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 4, 1997
Referred to the House Committee on Ways and Means.
Sep 4, 1997
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to reduce the tax rate on unrecaptured gain from dispositions of certain depreciable property.

What's happening now September 4, 1997

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1