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- H.R.4792
H.R.4792: Small Investors Tax Relief Act of 1994
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about taxation
- Introduced July 19, 1994
- Latest Major Action July 19, 1994
Bill Sponsor
Bill Cosponsors
9 (All Republicans)
Bill Summary
Small Investors Tax Relief Act of 1994 - Amends the Internal Revenue Code to provide a partial exclusion of dividends or interest received by an individual. Requires indexing of certain assets (corporate stock, certain tangible property, and a principal residence) that have been held for more than one year at the time of sale or other transfer, solely for the purpose of determining gain or loss. Reduces the capital gains tax for individuals....
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| July 19, 1994 |
Introduced in the House by Donald Manzullo (R-Ill.) |