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HR 4877 111th Congress House Taxation Bank accounts, deposits, capital Capital gains tax Financial services and investments Income tax exclusion Manufacturing Motor vehicles Securities

Community Bank and Automotive Industry Recapitalization Act of 2010

Introduced: March 18, 2010 See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 18, 2010
Referred to House Financial Services
Mar 18, 2010
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 18, 2010
Referred to House Ways and Means
Mar 18, 2010
Introduced in House
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 Plain-English summary Congressional Research Service

Community Bank and Automotive Industry Recapitalization Act of 2010 - Amends the Internal Revenue Code to exclude from gross income gain from the sale of qualified investment property acquired within 18 months after the enactment of this Act and held for more than five years. Defines "qualified investment property" as original issue stock in a community bank with less than $10 billion in assets or an automotive company.

What's happening now March 18, 2010

Referred to House Financial Services

 Related & companion bills 1
  • HR 1783 Related bill Enterprise Sector Investment Opportunity Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Peters, Gary C.
Michigan · Sep 14, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4877: Community Bank and Automotive Industry Recapitalization Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4877/
MLA
"H.R. 4877: Community Bank and Automotive Industry Recapitalization Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4877/.
Bluebook (legal)
H.R. 4877, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4877/.
Markdown link
[H.R. 4877: Community Bank and Automotive Industry Recapitalization Act of 2010](https://openamerica.io/bill/111-HR-4877/)
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