HR 2794
107th Congress
House
Taxation
Employee stock options
Finance and Financial Sector
Income tax
Labor and Employment
Minimum tax
Personal income tax
Stocks
Tax exclusion
Valuation
To provide relief from the alternative minimum tax with respect to incentive stock options exercised during 2000.
Introduced: August 2, 2001
Introduced by:
Neal, Richard E.
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 3, 2001
Sponsor introductory remarks on measure. (CR E1517-1518)
Aug 2, 2001
Referred to the House Committee on Ways and Means.
Aug 2, 2001
Introduced in House
Plain-English summary
Provides that, under the Internal Revenue Code (the Code), in the case of an incentive stock option exercised during calendar year 2000, the amount taken into account, under provisions of the Code concerning adjustments in computing alternative minimum taxable income for individuals, by reason of such exercise shall not exceed the amount that would have been taken into account if, on the date of such exercise, the fair market value of the stock acquired pursuant to such option had been its fair market value as of April 15, 2001 (or, if such stock is sold or exchanged on or before such date, the amount realized on such sale or exchange).
What's happening now
Sponsor introductory remarks on measure. (CR E1517-1518)
Committees of jurisdiction
1