HR 2403 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 with respect to the treatment of gain on the sale or exchange of foreign investment company stock.

Introduced 1981-03-10· Sponsored by Rep. Jones, James R. [D-OK-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: For Further Action See H.R.4242.(1981-08-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude certain amounts of gain from the sale or exchange of foreign investment company stock from treatment as ordinary income.…

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