To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses applicable to individuals.

Fact Sheet API

Bill Number

HR 1619

Introduced

Apr 26, 2001

Latest Action

Placed on the Union Calendar, Calendar No. 458.

Sponsor

Cosponsors

Topics

Capital gains tax Cost of living adjustments Economics and Public Finance Income tax Indexing (Economic policy) Losses Personal income tax Tax deductions Taxation

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Votes

Summary

Amends the Internal Revenue Code to increase, from $3,000 to $8,250, the annual capital loss limit applicable to individuals. Provides for an annual inflation adjustment.

Actions

Oct 10, 2002

Placed on the Union Calendar, Calendar No. 458.
Oct 10, 2002

Reported (Amended) by the Committee on Ways and Means. H. Rept. 107-734.
Oct 8, 2002

Ordered to be Reported (Amended).
Oct 8, 2002

Committee Consideration and Mark-up Session Held.
Apr 26, 2001

Referred to the House Committee on Ways and Means.
Apr 26, 2001

Introduced in House

Amendments

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