HR 7123
110th Congress
House
Taxation
Income tax
Investments
Investors
Losses
Tax deductions
Middle Class Investor Relief Act
Introduced: September 26, 2008
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 28, 2008
Sponsor introductory remarks on measure. (CR E2096)
Sep 26, 2008
Referred to the House Committee on Ways and Means.
Sep 26, 2008
Introduced in House
Plain-English summary
Middle Class Investor Relief Act - Amends the Internal Revenue Code to increase to $20,000 the limitation on the amount of losses from the sale or exchange of capital assets that an individual taxpayer may deduct in a taxable year.
What's happening now
Sponsor introductory remarks on measure. (CR E2096)
Committees of jurisdiction
1
Cosponsors
1