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- H.R.3124
H.R.3124: Built-In Gain Economic Growth Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced Oct. 12, 2001
- Latest Major Action Oct. 12, 2001
Bill Sponsor
Bill Cosponsor
Bill Summary
Built-In Gain Economic Growth Act of 2001 - Amends the Internal Revenue Code to provide that the tax imposed on the recognition of built-in gain by an S corporation shall not apply to the extent such gain is reinvested in the business.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Oct. 12, 2001 |
Introduced in the House by James M. Ramstad (R-Minn.) |