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- H.R.2945
H.R.2945: Capital Gains Inflation Relief Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Sept. 15, 2011
- Latest Major Action Sept. 15, 2011
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
42 (All Republicans)
Bill Summary
Capital Gains Inflation Relief Act of 2011 - Amends the Internal Revenue Code to allow an inflation adjustment based upon the gross domestic product deflator to the adjusted basis of certain assets (including C corporation common stock and tangible property used in a trade or business) held by a taxpayer for more than three years for purposes of determining gain or loss on the sale or other disposition of such assets. Sets forth rules for...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
|
|
Sept. 15, 2011 |
Introduced in the House by Joe Walsh (R-Ill.) |