HR 1713 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to treat certain dealer derivative financial instruments, hedging transactions, and supplies as ordinary assets.

Introduced 1999-05-05· Sponsored by Rep. Thomas, William M. [R-CA-21]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-05-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to treat as capital assets certain dealer derivative financial instruments, hedging transactions, and supplies.…

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

Cosponsors (5)

1 Democrat4 Republicans