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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
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 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
 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.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1