HR 5398 · 107th Congress · Taxation
To amend the Internal Revenue Code of 1986 to allow a minimum credit against the alternative minimum tax where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2002-09-18)
Plain Language Summary
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Amends the Internal Revenue Code to establish a special rule allowing a minimum credit against the alternative minimum tax where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (11)
4 Democrats7 Republicans