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
Mar 1, 2007
110th Congress, 2007–2009
Died in a previous Congress
This bill was introduced on March 1, 2007, in a previous session of Congress, but was not enacted.
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.
This bill was introduced in the 110th Congress, which met from Jan 4, 2007 to Jan 3, 2009. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
Civic Impulse. (2018). 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. March 20, 2018 <https://www.govtrack.us/congress/bills/110/hr1261>
|title=H.R. 1261 (110th)
|accessdate=March 20, 2018
|author=110th Congress (2007)
|date=March 1, 2007
|quote=Capital Gains Inflation Relief Act of 2007
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GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.