S. 1647 (112th): A bill to repeal the sunset on the reduction of capital gains rates for individuals and on the taxation of dividends of individuals at capital gain rates.

The text of the bill below is as of Oct 4, 2011 (Introduced).

Source: GPO

II

112th CONGRESS

1st Session

S. 1647

IN THE SENATE OF THE UNITED STATES

October 4, 2011

introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To repeal the sunset on the reduction of capital gains rates for individuals and on the taxation of dividends of individuals at capital gain rates.

1.

Reductions in individual capital gains and dividends tax rate made permanent

Section 303 of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (relating to sunset of title) is repealed.