HR 580 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to apply the capital gains tax rates to capital gains earned by designated settlement funds.

Introduced 1999-02-04· Sponsored by Rep. Crane, Philip M. [R-IL-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-02-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to apply the capital gains tax rates to capital gains of designated settlement funds.…

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

Cosponsors (20)

13 Democrats7 Republicans
Rep. Levin, Sander M. [D-MI-12]MI
Rep. Matsui, Robert T. [D-CA-5]CA
Rep. Rangel, Charles B. [D-NY-15]NY
Rep. Neal, Richard E. [D-MA-2]MA
Rep. Traficant, James A., Jr. [D-OH-17]OH
Rep. English, Phil [R-PA-21]PA
Rep. Dunn, Jennifer [R-WA-8]WA
Rep. Lewis, John [D-GA-5]GA
Rep. McCrery, Jim [R-LA-4]LA
Rep. Stark, Fortney Pete [D-CA-13]CA
Rep. McDermott, Jim [D-WA-7]WA
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Thurman, Karen L. [D-FL-5]FL
Rep. Brown, Sherrod [D-OH-13]OH
Rep. Nethercutt, George R., Jr. [R-WA-5]WA
Rep. Miller, Gary G. [R-CA-41]CA
Rep. Portman, Rob [R-OH-2]OH
Rep. Fattah, Chaka [D-PA-2]PA
Rep. Becerra, Xavier [D-CA-30]CA
Rep. Kaptur, Marcy [D-OH-9]OH