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- H.R.6444
H.R.6444: Capital Gains Inflation Relief Act
About This Bill
- Introduced July 19, 2018
- Latest Major Action July 19, 2018
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (All Republicans)
Bill Version
- Introduced in House - July 19, 2018
Bill Summary
Capital Gains Inflation Relief Act This bill amends the Internal Revenue Code to allow the adjusted basis of certain assets (including common stock in a C corporation and tangible property used in a trade or business) to be indexed for inflation for the purpose of determining the gain or loss of a taxpayer (other than a corporation) who has held the asset for more than three years. The bill sets forth rules for applying the inflation...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
July 19, 2018 |
Referred to the House Committee on Ways and Means.
|
July 19, 2018 |
Introduced in the House by Devin Nunes (R-Calif.) |