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- H.R.5466
H.R.5466: Restoring Investor Confidence Act of 2002
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced Sept. 25, 2002
- Latest Major Action Sept. 25, 2002
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Republicans)
Bill Summary
Restoring Investor Confidence Act of 2002 - Amends the Internal Revenue Code to revise rules concerning capital gain for taxpayers other than corporations to establish a new general rule which provides that if for any taxable year a taxpayer other than a corporation has a capital gain, 55 percent of such gain shall be a deduction from gross income.Excludes from individual gross income 55 percent of dividends received from a domestic corporation.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Sept. 25, 2002 |
Introduced in the House by Thomas M. Reynolds (R-N.Y.) |