H.R.1487: To amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax treatment of incentive stock options, thereby changing the taxable event from the exercise of the stock option to the sale of stock.

About This Bill

Bill Cosponsors

61 (38 Democrats, 24 Republicans)

Bill Summary

Amends the Internal Revenue Code to repeal the provision providing for the alternative minimum tax treatment of the transfer of incentive stock options (thereby changing the taxable event from the exercise of a stock option to the sale of stock).

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
April 4, 2001

Introduced in the House by Zoe Lofgren (D-Calif.)

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