S. 2983 (96th): Venture and Equity Capital Revitalization Act of 1980


Jul 28, 1980
96th Congress, 1979–1980

Died in a previous Congress

This bill was introduced on July 28, 1980, in a previous session of Congress, but was not enacted.


Richard Schweiker

Senator from Pennsylvania


About the bill

Full Title

A bill to amend the Internal Revenue Code of 1954 to reduce the tax on capital gains.

Summary (CRS)

7/28/1980--Introduced.Venture and Equity Capital Revitalization Act of 1980 - Amends the Internal Revenue Code to increase the capital gains deduction for individuals from 60 percent of the net capital gain ... Read more >

The bill’s title was written by its sponsor.


Jul 28, 1980

This is the first step in the legislative process.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 2983”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


19 cosponsors (18R, 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.

Subject Areas
Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 8008 (identical)

Referred to Committee
Last Action: Aug 22, 1980

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Primary Source

THOMAS.gov (The Library of Congress)

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