Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.4912
H.R.4912: To amend the Internal Revenue Code of 1986 with respect to the treatment of prepaid derivative contracts.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Dec. 19, 2007
- Latest Major Action Dec. 19, 2007
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to set forth rules for the treatment of income, loss, and distributions relating to a prepaid derivative contract. Defines "prepaid derivative contract" as any prepaid contract with a term longer than one year from the date of issue which is a derivative financial instrument with respect to any security, commodity, or financial index.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Sponsor introductory remarks on measure.
|
|
|
Referred to the House Committee on Ways and Means.
|
|
| Dec. 19, 2007 |
Introduced in the House by Richard E. Neal (D-Mass.) |