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HR 1500 109th Congress House

Investment Tax Simplification Act of 2005

Official title: To amend the Internal Revenue Code of 1986 to make the 2003 reduction in the individual capital gains tax rates permanent and to further reduce and simplify su… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to make the 2003 reduction in the individual capital gains tax rates permanent and to further reduce and simplify such rates and to reduce the corporate capital gains rate.

Introduced: April 12, 2005 See on congress.gov
Taxation Capital gains taxCommerceCongressCorporation taxes
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Income taxMinimum taxSunset legislationTax rates
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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
Apr 6, 2005
Referred to the House Committee on Ways and Means.
Apr 6, 2005
Introduced in House
Apr 5, 2005
Sponsor introductory remarks on measure. (CR E534-535)
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 Latest action April 6, 2005

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Investment Tax Simplification Act of 2005 - Makes permanent the reduction in individual capital gains tax rates enacted by the Jobs and Growth Tax Relief Reconciliation Act of 2003.

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 3
R
Turner, Michael R.
Ohio · Nov 3, 2005
 R
Aderholt, Robert B.
Alabama · Jul 18, 2005
 R
Sessions, Pete
Texas · Apr 12, 2005
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1500: Investment Tax Simplification Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-1500/
MLA
"H.R. 1500: Investment Tax Simplification Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-1500/.
Bluebook (legal)
H.R. 1500, 109th Cong. (2026), https://openamerica.io/bill/109-HR-1500/.
Markdown link
[H.R. 1500: Investment Tax Simplification Act of 2005](https://openamerica.io/bill/109-HR-1500/)
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