Skip to main content
HR 3641 105th Congress House Taxation Business income tax Capital gains tax Commerce Franchises (Retail trade) Income tax Tax rates

To amend the Internal Revenue Code of 1986 to allow capital gain treatment on the transfer of a franchise in connection with the transfer of an existing business, and for other purposes.

Introduced: April 1, 1998 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
Apr 1, 1998
Referred to the House Committee on Ways and Means.
Apr 1, 1998
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 provide for capital gain treatment on the transfer of a franchise in connection with the transfer of an existing business operation.

What's happening now April 1, 1998

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 Democratic 1
D
Neal, Richard E.
Massachusetts · Apr 30, 1998
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3641: To amend the Internal Revenue Code of 1986 to allow capital gain treatment on the transfer of a franchise in connection with the transfer of an existing business, and for other purposes.. 105th Congress. Open America. https://openamerica.io/bill/105-HR-3641/
MLA
"H.R. 3641: To amend the Internal Revenue Code of 1986 to allow capital gain treatment on the transfer of a franchise in connection with the transfer of an existing business, and for other purposes.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-3641/.
Bluebook (legal)
H.R. 3641, 105th Cong. (2026), https://openamerica.io/bill/105-HR-3641/.
Markdown link
[H.R. 3641: To amend the Internal Revenue Code of 1986 to allow capital gain treatment on the transfer of a franchise in connection with the transfer of an existing business, and for other purposes.](https://openamerica.io/bill/105-HR-3641/)
Report a problem