US HB2049 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on May 26 2011 - 25% progression, died in committee
Action: 2011-05-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 26 2011 - 25% progression, died in committee
Action: 2011-05-26 - 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 (50% of such amount for married individuals filing a separate tax return), adjusted for inflation after 2011.
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 |
|---|---|---|
| 2011-05-26 | House | Referred to the House Committee on Ways and Means. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/2049/all-info |
| Text | https://www.congress.gov/112/bills/hr2049/BILLS-112hr2049ih.pdf |
