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S 1492 107th Congress Senate

Economic Revitalization Tax Cut Act

Official title: A bill to amend the Internal Revenue Code of 1986 to repeal the tax relief sunset and to reduce the maximum capital gains rates for individual taxpayers, and for other purposes.

Introduced: March 21, 2002 See on congress.gov
Taxation Capital gains taxCongressIncome taxMinimum tax
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Personal income taxSunset legislationTax cutsTax rates
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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
Oct 3, 2001
Read twice and referred to the Committee on Finance.
Oct 3, 2001
Introduced in Senate
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 Latest action October 3, 2001

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service
Economic Revitalization Tax Cut Act - Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to extend the individual tax rate reductions and other changes to the Internal Revenue Code beyond December 31, 2010 (current sunset date).

Amends the Internal Revenue Code to reduce the maximum capital gains rates for individuals.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Crapo, Mike
Idaho · Mar 21, 2002
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1492: Economic Revitalization Tax Cut Act. 107th Congress. Open America. https://openamerica.io/bill/107-S-1492/
MLA
"S. 1492: Economic Revitalization Tax Cut Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-1492/.
Bluebook (legal)
S. 1492, 107th Cong. (2026), https://openamerica.io/bill/107-S-1492/.
Markdown link
[S. 1492: Economic Revitalization Tax Cut Act](https://openamerica.io/bill/107-S-1492/)
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