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- H.R.1490
H.R.1490: To amend the Internal Revenue Code of 1986 to reduce the capital gains tax on individuals and to index the basis of assets of individuals for purposes of determining gains and losses.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced April 30, 1997
- Latest Major Action April 30, 1997
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to remove the limit on the number of taxpayers having medical savings accounts (MSAs). Ends MSA requirements regarding high deductible health plans and: (1) the employment of a person with an MSA; and (2) whether the plan is established and maintained by that person's (or that person's spouse's) employer.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| April 30, 1997 |
Introduced in the House by John Cooksey (R-La.) |