Skip to main content
HR 5141 108th Congress House

To amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax treatment of incentive stock options, thereby changing the taxable event from the exercise of the stock option to the…

Official title: To amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax treatment of incentive stock options, thereby changing the taxable event from … Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax treatment of incentive stock options, thereby changing the taxable event from the exercise of the stock option to the sale of stock.

Introduced: September 23, 2004 Introduced by: Lofgren, Zoe Democratic · California See on congress.gov
Taxation Employee stock optionsFinance and Financial SectorIncome taxLabor and Employment
More subjectsShow fewer subjects
Minimum taxTax creditsTax exclusionTax refunds
Sign in to write a letter Sign in to watch
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
Sep 23, 2004
Referred to the House Committee on Ways and Means.
Sep 23, 2004
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action September 23, 2004

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to repeal the alternative minimum tax treatment of incentive stock options. Makes this repeal applicable to options exercised in 2000 or thereafter regardless of when such options were granted. Allows a waiver of any rule of law preventing the payment of a refund or credit resulting from the enactment of this Act if a claim for a refund or credit is made within one year after enactment.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5141: To amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax treatment of incentive stock options, thereby changing the taxable event from the exercise of the stock option to the sale of stock.. 108th Congress. Open America. https://openamerica.io/bill/108-HR-5141/
MLA
"H.R. 5141: To amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax treatment of incentive stock options, thereby changing the taxable event from the exercise of the stock option to the sale of stock.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-5141/.
Bluebook (legal)
H.R. 5141, 108th Cong. (2026), https://openamerica.io/bill/108-HR-5141/.
Markdown link
[H.R. 5141: To amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax treatment of incentive stock options, thereby changing the taxable event from the exercise of the stock option to the sale of stock.](https://openamerica.io/bill/108-HR-5141/)
Report a problem