To amend the Internal Revenue Code of 1986 to provide for the indexing of certain assets for purposes of determining gain or loss.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for Indiana's 6th congressional district. Republican.
Last Updated: Mar 1, 2007
Length: 16 pages
110th Congress (2007–2009)
This bill was introduced on March 1, 2007, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
88 Cosponsors (88 Republicans)
Mar 1, 2007
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 1261 (110th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 1261. This is the one from the 110th Congress.
This bill was introduced in the 110th Congress, which met from Jan 4, 2007 to Jan 3, 2009. Legislation not passed by the end of a Congress is cleared from the books.
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GovTrack.us. (2021). H.R. 1261 — 110th Congress: Capital Gains Inflation Relief Act of 2007. Retrieved from https://www.govtrack.us/congress/bills/110/hr1261
“H.R. 1261 — 110th Congress: Capital Gains Inflation Relief Act of 2007.” www.GovTrack.us. 2007. October 24, 2021 <https://www.govtrack.us/congress/bills/110/hr1261>
Capital Gains Inflation Relief Act of 2007, H.R. 1261, 110th Cong..
|title=H.R. 1261 (110th)
|accessdate=October 24, 2021
|author=110th Congress (2007)
|date=March 1, 2007
|quote=Capital Gains Inflation Relief Act of 2007
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