US HB1968 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 2 2009 - 25% progression, died in committee
Action: 2009-04-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 2 2009 - 25% progression, died in committee
Action: 2009-04-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to increase the limit on the deductibility of losses from the sale or exchange of capital assets for individual taxpayers to $10,500, adjusted for inflation after 2009 (50% of such amount for married individuals filing a separate tax return).
Title
To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses to $10,500 and to index such limitation to inflation.
Sponsors
| Rep. James Sensenbrenner [R-WI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-04-02 | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB1070 (Related) 2009-02-13 - Referred to the House Committee on Ways and Means.
HB1857 (Related) 2009-04-01 - Referred to the House Committee on Ways and Means.
SB978 (Related) 2009-05-05 - Read twice and referred to the Committee on Finance.
HB1857 (Related) 2009-04-01 - Referred to the House Committee on Ways and Means.
SB978 (Related) 2009-05-05 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/1968/all-info |
| Text | https://www.congress.gov/111/bills/hr1968/BILLS-111hr1968ih.pdf |
