H.R. 4139 (112th): To amend the Internal Revenue Code of 1986 to extend permanently the 100 percent exclusion of gain from the sale or exchange of qualified small business stock.

Mar 05, 2012 (112th Congress, 2011–2013)
Died (Referred to Committee)
Daniel Lungren
Representative for California's 3rd congressional district
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Last Updated
Mar 05, 2012
4 pages
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This bill was introduced on March 5, 2012, in a previous session of Congress, but was not enacted.

Introduced Mar 05, 2012
Referred to Committee Mar 05, 2012

No summaries available.


House Ways and Means

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Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

Amends the Internal Revenue Code to: (1) allow a permanent 100% exclusion from gross income of gain from the sale or exchange of qualified small business stock held for more than 5 years, (2) eliminate such tax exclusion as an item of tax preference for alternative minimum tax (AMT) purposes, and (3) repeal the 28% capital gains tax rate on qualified small business stock.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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