H.R.984: Retirement Inflation Protection Act of 2021

About This Bill

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Bill Summary

Retirement Inflation Protection Act of 2021 This bill allows the adjusted basis of certain assets, including C corporation common stock and tangible property used in a trade or business, to be adjusted for inflation solely for the purpose of determining the gain or loss of individuals who (1) have held such assets for more than 3 years, and (2) have attained the age of 59 1/2 as of the date of the sale or other disposition of the assets. The...

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 11, 2021
Referred to the House Committee on Ways and Means.
Feb. 11, 2021

Introduced in the House by Tom Emmer (R-Minn.)

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