A bill to repeal the sunset on the reduction of capital gains rates for individuals and on the taxation of dividends of individuals at capital gains rates.

Fact Sheet API

Bill Number

S 502

Introduced

Feb 6, 2007

Latest Action

Read twice and referred to the Committee on Finance.

Sponsor

Cosponsors

Topics

Capital gains tax Congress Dividends Finance and Financial Sector Income tax Sunset legislation Tax rates Taxation

Full Text

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Votes

Summary

Repeals the termination date in the Jobs Growth Tax Relief Reconciliation Act of 2003 for provisions reducing individual tax rates on capital gains and dividend income.

Actions

Feb 6, 2007

Read twice and referred to the Committee on Finance.
Feb 6, 2007

Introduced in Senate

Amendments

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