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- H.R.2383
H.R.2383: To amend the Internal Revenue Code of 1986 to increase and modify the exclusion relating to qualified small business stock and to provide that the exclusion relating to incentive stock options will no longer be a minimum tax preference.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced June 28, 2001
- Latest Major Action June 28, 2001
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (2 Democrats, 4 Republicans)
Bill Summary
Increases from 50 to 100 percent the amount of gain excluded from the sale of certain small business stock. Reduces from five to three years the holding period applicable to such a sale. Makes such exclusion available to corporations. Makes the stock of larger businesses eligible.Repeals the minimum tax preference for the exclusion for incentive stock options.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| June 28, 2001 |
Introduced in the House by Jennifer B. Dunn (R-Wash.) |