S 2983 · 96th Congress · Taxation

Venture and Equity Capital Revitalization Act of 1980

Introduced 1980-07-28· Sponsored by Sen. Schweiker, Richard S. [R-PA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1980-07-28)

Plain Language Summary

[AI summary unavailable — showing source text] Venture and Equity Capital Revitalization Act of 1980 - Amends the Internal Revenue Code to increase the capital gains deduction for individuals from 60 percent of the net capital gain to 75 percent.…

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

Cosponsors (20)

1 Democrat19 Republicans