Skip to main content
HR 3283 106th Congress House Taxation Business income tax Business losses Capital gains tax Commerce Corporation taxes Derivative securities Futures trading Income tax Options (Contract) Stocks Tax deductions Tax exclusion

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
Sign in to write a letter Sign in to watch
 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
 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.

What's happening now November 10, 1999

Sponsor introductory remarks on measure. (CR E2345)

 Committees of jurisdiction 1