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HR 1342 107th Congress House Taxation Capital gains tax Income tax Minimum tax Personal income tax Tax cuts Tax rates

Capital Gains Tax Rate Reduction Act of 2001

Introduced: April 3, 2001 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 3, 2001
Referred to the House Committee on Ways and Means.
Apr 3, 2001
Sponsor introductory remarks on measure. (CR E509)
Apr 3, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Capital Gains Tax Rate Reduction Act of 2001 - Amends the Internal Revenue Code to: (1) reduce the 10 and 20 percent individual capital gains tax rates to 5 and 10 percent respectively; (2) repeal provisions providing for reduced capital gain rates for qualified five year gains; and (3) with respect to the alternative minimum tax, reducing the 10 and 20 percent maximum tax rate on net capital gain for individuals to 5 and 10 percent respectively.
What's happening now April 3, 2001

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1