HR 3124 · 107th Congress 2001–2003, ended

Built-In Gain Economic Growth Act of 2001

Introduced Oct 12, 2001 Originated House Sponsor Jim Ramstad R-MN

Fact sheet

Latest action · Oct 12, 2001 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedOct 12, 2001
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Built-In Gain Economic Growth Act of 2001 - Amends the Internal Revenue Code to provide that the tax imposed on the recognition of built-in gain by an S corporation shall not apply to the extent such gain is reinvested in the business.

Cosponsors 1

Members who signed on, in the order they did. All signed on Jan 24, 2002.

SeatCosponsorSigned on
R-ILPhilip M. CraneJan 24, 2002

Actions 2

Everything that happened, newest first.

  1. Oct 12, 2001Introduced in House
  2. Oct 12, 2001Referred to the House Committee on Ways and Means.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.