H.R. 1431 (104th): To amend the Internal Revenue Code of 1986 to repeal the 30-percent of gross income limitation applicable to regulated investment companies.


Apr 6, 1995
104th Congress, 1995–1996

Died in a previous Congress

This bill was introduced on April 6, 1995, in a previous session of Congress, but was not enacted.


Michael Flanagan

Representative for Illinois's 5th congressional district



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Last Updated: Apr 6, 1995
Length: 3 pages

About the bill

Summary (CRS)

4/6/1995--Introduced.Amends the Internal Revenue Code to repeal the 30 percent limitation (relating to qualification of regulated investment companies) on gross income derived from the sale or disposition of the following ... Read more >

The bill’s title was written by its sponsor.


Apr 6, 1995

This is the first step in the legislative process.

This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 1431”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


3 cosponsors (2R, 1D) (show)
Committee Assignments

The committee chair determines whether a bill will move past the committee stage.


There have been no roll call votes related to this bill.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

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