HR 580
106th Congress
House
Taxation
Capital gains tax
Damages
Income tax
Law
Tax rates
Torts
Trusts and trustees
To amend the Internal Revenue Code of 1986 to apply the capital gains tax rates to capital gains earned by designated settlement funds.
Introduced: February 4, 1999
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 1999
Referred to the House Committee on Ways and Means.
Feb 4, 1999
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to apply the capital gains tax rates to capital gains of designated settlement funds.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1