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HR 3318 112th Congress House

Growing Jobs Through Capital Act of 2011

Official title: To amend the Internal Revenue Code of 1986 to temporarily exclude capital gain from gross income.

Introduced: November 18, 2011 Introduced by: Fleischmann, Charles J. "Chuck" Republican · Tennessee See on congress.gov
Taxation Capital gains taxIncome tax exclusion
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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
Nov 2, 2011
Referred to the House Committee on Ways and Means.
Nov 2, 2011
Introduced in House
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 Latest action November 2, 2011

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Growing Jobs Through Capital Act of 2011 - Amends the Internal Revenue Code to exclude gain from the sale or exchange of a capital asset from gross income for income tax purposes. Terminates such tax exclusion two years after the enactment of this Act.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 9
All 9 Republican 2
R
Amodei, Mark E.
Nevada · Nov 18, 2011
Bachmann, Michele
· Nov 18, 2011
COBLE, HOWARD
· Nov 18, 2011
Gingrey, Phil
· Nov 18, 2011
HALL, RALPH
· Nov 18, 2011
 R
Kelly, Mike
Pennsylvania · Nov 18, 2011
King, Steve
· Nov 18, 2011
Walsh, Joe
· Nov 18, 2011
West, Allen
· Nov 18, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3318: Growing Jobs Through Capital Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-3318/
MLA
"H.R. 3318: Growing Jobs Through Capital Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-3318/.
Bluebook (legal)
H.R. 3318, 112th Cong. (2026), https://openamerica.io/bill/112-HR-3318/.
Markdown link
[H.R. 3318: Growing Jobs Through Capital Act of 2011](https://openamerica.io/bill/112-HR-3318/)
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