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HR 5626 107th Congress House Taxation Business income tax Business losses Capital gains tax Commerce Corporate collapse Corporate governance Corporation taxes Derivative securities Derivatives regulation Futures trading Income tax Market manipulation Options (Contract) Securities regulation Stocks Tax deductions Tax exclusion

To amend the Internal Revenue Code of 1986 to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.

Introduced: October 10, 2002 Introduced by: Neal, Richard E. Democratic · Massachusetts See on congress.gov
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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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 11, 2002
Sponsor introductory remarks on measure. (CR E1829)
Oct 10, 2002
Referred to the House Committee on Ways and Means.
Oct 10, 2002
Introduced in House
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 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.

Provides for nonrecognition of derivative gain, loss, or deduction items (as defined by this Act). Excepts certain forward contracts from such treatment.

What's happening now October 11, 2002

Sponsor introductory remarks on measure. (CR E1829)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5626: To amend the Internal Revenue Code of 1986 to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.. 107th Congress. Open America. https://openamerica.io/bill/107-HR-5626/
MLA
"H.R. 5626: To amend the Internal Revenue Code of 1986 to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-5626/.
Bluebook (legal)
H.R. 5626, 107th Cong. (2026), https://openamerica.io/bill/107-HR-5626/.
Markdown link
[H.R. 5626: To amend the Internal Revenue Code of 1986 to revise the tax treatment of derivative transactions entered into by a corporation with respect to its stock.](https://openamerica.io/bill/107-HR-5626/)
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