S 1336 · 107th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to reduce the maximum capital gains rates for individual taxpayers and to reduce the holding period for long-term capital gain treatment to 1 month, and for other purposes.

Introduced 2001-08-02· Sponsored by Sen. Miller, Zell [D-GA]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2001-08-02)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code of 1986 to: (1) revise a specified formula in order to reduce the maximum capital gains rates for individuals; and (2) decrease from one year to one month the holding period required for long-term capital gain treatment.…

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