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HR 2293 107th Congress House Taxation Business income tax Capital gains tax Commerce Construction costs Income tax Merchant marine Merchant ships Personal income tax Shipbuilding Tax cuts Tax rates Transportation and Public Works

To amend the Internal Revenue Code of 1986 to provide a temporary reduction in the maximum capital gains rate from 20 percent to 15 percent.

Introduced: June 21, 2001 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 21, 2001
Referred to the House Committee on Ways and Means.
Jun 21, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code and the Merchant Marine Act, 1936 to reduce the capital gains rate from 20 percent to 15 percent for sales or exchanges made on or after June 1, 2001, and in taxable years beginning before January 1, 2004. Prescribes a transition formula for taxable years including June 1, 2001.
What's happening now June 21, 2001

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1