HR 245 · 105th Congress · Taxation

Small Business-Family Farm and Investment Fairness Act of 1997

Introduced 1997-01-07· Sponsored by Rep. Pappas, Michael [R-NJ-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR H781-782)(1997-03-06)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business-Family Farm and Investment Fairness Act of 1997 - Amends the Internal Revenue Code to: (1) phaseout the capital gains tax for individuals; (2) phasedown the capital gains rate for corporations; (3) increase the unified estate and gift tax credit; and (5) increase the maximum benefit under the special estate tax valuation rules for certain real and farm property.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (3)

3 Republicans
Rep. Canady, Charles T. [R-FL-12]FL
Rep. Fox, Jon D. [R-PA-13]PA
Rep. Solomon, Gerald B. H. [R-NY-22]NY