HR 1139 · 94th Congress · Taxation

Small Investors Act

Introduced 1975-01-14· Sponsored by Rep. Waggonner, Joe D., Jr. [D-LA-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-01-14)

Plain Language Summary

[AI summary unavailable — showing source text] Small Investors Act - Excludes, under the Internal Revenue Code, the first $1,000 of long-term capital gain realized by taxpayers other than corporations on the sale or exchange of securities.…

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