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HR 1487 107th Congress House

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…

Official title: 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 … Show full official titleShow less

Official title: 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.

Introduced: May 3, 2001 Introduced by: Lofgren, Zoe Democratic · California See on congress.gov
Taxation Employee stock optionsFinance and Financial SectorIncome taxLabor and Employment
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Minimum taxPersonal income taxTax administration
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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 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
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 Latest action April 4, 2001

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
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).
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 8
All 8 Democratic 6 Republican 2
D
Davis, Danny K.
Illinois · Jun 19, 2002
 D
Smith, Adam
Washington · Sep 5, 2001
 D
McCollum, Betty
Minnesota · Jun 18, 2001
 R
Calvert, Ken
California · May 23, 2001
 D
McGovern, James P.
Massachusetts · May 3, 2001
 R
Issa, Darrell
California · Apr 25, 2001
 D
Pelosi, Nancy
California · Apr 4, 2001
 D
Sherman, Brad
California · Apr 4, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1487: 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.. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1487/
MLA
"H.R. 1487: 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.." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1487/.
Bluebook (legal)
H.R. 1487, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1487/.
Markdown link
[H.R. 1487: 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.](https://openamerica.io/bill/107-HR-1487/)
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