HR 1487
107th Congress
House
Taxation
Employee stock options
Finance and Financial Sector
Income tax
Labor and Employment
Minimum tax
Personal income tax
Tax administration
To amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax treatment of incentive stock options, thereby changing the taxable event from the exercise of the stock option to the sale of stock.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 4, 2001
Referred to the House Committee on Ways and Means.
Apr 4, 2001
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to repeal the provision providing for the alternative minimum tax treatment of the transfer of incentive stock options (thereby changing the taxable event from the exercise of a stock option to the sale of stock).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1