Skip to main content
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
Sign in to write a letter Sign in to watch
This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Graham, Lindsey
South Carolina · Oct 9, 1997
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2403: 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.. 105th Congress. Open America. https://openamerica.io/bill/105-HR-2403/
MLA
"H.R. 2403: 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.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-2403/.
Bluebook (legal)
H.R. 2403, 105th Cong. (2026), https://openamerica.io/bill/105-HR-2403/.
Markdown link
[H.R. 2403: 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.](https://openamerica.io/bill/105-HR-2403/)
Report a problem