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HR 3283 106th Congress House

To amend the Internal Revenue Code of 1986 to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.

Introduced: November 9, 1999 Introduced by: Neal, Richard E. Democratic · Massachusetts See on congress.gov
Taxation Business income taxBusiness lossesCapital gains taxCommerce
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Corporation taxesDerivative securitiesFutures tradingIncome taxOptions (Contract)StocksTax deductionsTax exclusion
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 10, 1999
Sponsor introductory remarks on measure. (CR E2345)
Nov 9, 1999
Referred to the House Committee on Ways and Means.
Nov 9, 1999
Introduced in House
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 Latest action November 10, 1999

Sponsor introductory remarks on measure. (CR E2345)

 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.

Provides for nonrecognition of derivative gain, loss, or deduction items (as defined by this Act). Excepts certain forward contracts from such treatment.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 3283: To amend the Internal Revenue Code of 1986 to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.. 106th Congress. Open America. https://openamerica.io/bill/106-HR-3283/
MLA
"H.R. 3283: To amend the Internal Revenue Code of 1986 to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-3283/.
Bluebook (legal)
H.R. 3283, 106th Cong. (2026), https://openamerica.io/bill/106-HR-3283/.
Markdown link
[H.R. 3283: To amend the Internal Revenue Code of 1986 to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.](https://openamerica.io/bill/106-HR-3283/)
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