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HR 1780 108th Congress House Taxation Agricultural cooperatives Agriculture and Food Aliens Capital gains tax Congress Congressional reporting requirements Dividends Economics and Public Finance Employee ownership Finance and Financial Sector Government trust funds Immigration Income tax Interest Labor and Employment Mutual funds Old age, survivors and disability insurance Real estate investment Social Welfare

To amend the Internal Revenue Code of 1986 to eliminate the tax on the net capital gain of taxpayers other than corporations, to exclude interest and dividends from gross income, and to repeal the…

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To amend the Internal Revenue Code of 1986 to eliminate the tax on the net capital gain of taxpayers other than corporations, to exclude interest and dividends from gross income, and to repeal the 1993 income tax increase on Social Security benefits.

Introduced: April 11, 2003 See on congress.gov
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) 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
Apr 11, 2003
Referred to the House Committee on Ways and Means.
Apr 11, 2003
Introduced in House
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 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to exclude from individual gross income: (1) net capital gains; and (2) interest and dividends, not including dividends from farmers' cooperative associations, regulated investment companies and real estate investment trusts, and employee stock ownership plans.

Repeals the 85 percent (second tier) taxation of Social Security and Railroad Retirement benefits. Transfers from the general fund in the Treasury to the Hospital Insurance Trust Fund amounts equal to the resultant reduction in revenues.

What's happening now April 11, 2003

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Sessions, Pete
Texas · Sep 28, 2004
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APA
U.S. Congress. (2026). H.R. 1780: To amend the Internal Revenue Code of 1986 to eliminate the tax on the net capital gain of taxpayers other than corporations, to exclude interest and dividends from gross income, and to repeal the 1993 income tax increase on Social Security benefits.. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1780/
MLA
"H.R. 1780: To amend the Internal Revenue Code of 1986 to eliminate the tax on the net capital gain of taxpayers other than corporations, to exclude interest and dividends from gross income, and to repeal the 1993 income tax increase on Social Security benefits.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1780/.
Bluebook (legal)
H.R. 1780, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1780/.
Markdown link
[H.R. 1780: To amend the Internal Revenue Code of 1986 to eliminate the tax on the net capital gain of taxpayers other than corporations, to exclude interest and dividends from gross income, and to repeal the 1993 income tax increase on Social Security benefits.](https://openamerica.io/bill/108-HR-1780/)
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