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- H.R.984
H.R.984: Retirement Inflation Protection Act of 2021
About This Bill
- Introduced Feb. 11, 2021
- Latest Major Action Feb. 11, 2021
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - Feb. 11, 2021
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.) |