H.R.3318: Growing Jobs Through Capital Act of 2011

About This Bill

Bill Summary

Growing Jobs Through Capital Act of 2011 - Amends the Internal Revenue Code to exclude gain from the sale or exchange of a capital asset from gross income for income tax purposes. Terminates such tax exclusion two years after the enactment of this Act.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Nov. 2, 2011

Introduced in the House by Chuck Fleischmann (R-Tenn.)

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