Skip to main content
HR 3907 98th Congress House Taxation Corporations Corporations and Stocks Income tax Stocks Tax deductions Tax incentives

Equity Capital Formation Incentive Act of 1983

Introduced: September 15, 1983 Introduced by: Markey, Edward J. Democratic · Massachusetts See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 98th Congress ended
It never became law before the 98th Congress (1983–1984) 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 15, 1983
Referred to House Committee on Ways and Means.
Sep 15, 1983
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.

 Plain-English summary Congressional Research Service

Equity Capital Formation Incentive Act of 1983 - Amends the Internal Revenue Code to allow an income tax deduction to corporations engaged in market making activities (purchase and sale of certain stocks) for additions to the reserve for gains for such market making activities.

Disallows such deduction if: (1) the additions to the reserve exceed 30 percent of the fair market value of average positions carried for market activities during the taxable year; or (2) at the end of the taxable year the reserve exceeds $1,000,000.

Sets forth definitions and special rules.

What's happening now September 15, 1983

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3907: Equity Capital Formation Incentive Act of 1983. 98th Congress. Open America. https://openamerica.io/bill/98-HR-3907/
MLA
"H.R. 3907: Equity Capital Formation Incentive Act of 1983." 98th Congress, 2026, Open America, https://openamerica.io/bill/98-HR-3907/.
Bluebook (legal)
H.R. 3907, 98th Cong. (2026), https://openamerica.io/bill/98-HR-3907/.
Markdown link
[H.R. 3907: Equity Capital Formation Incentive Act of 1983](https://openamerica.io/bill/98-HR-3907/)
Report a problem