HR 168
107th Congress
House
Taxation
Capital gains tax
Cost of living adjustments
Dividends
Economics and Public Finance
Finance and Financial Sector
Income tax
Indexing (Economic policy)
Mutual funds
Personal income tax
Saving and investment
Tax exclusion
To amend the Internal Revenue Code of 1986 to allow individuals an exclusion from gross income for certain amounts of capital gains distributions from regulated investment companies.
Introduced: January 3, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 3, 2001
Referred to the House Committee on Ways and Means.
Jan 3, 2001
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to exclude, subject to a $3,000 maximum exclusion (double for a joint return), from gross income a capital gain dividend which is: (1) distributed by a regulated investment company; and (2) automatically reinvested by the company in the stock of such company with respect to which the dividend is distributed.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1