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

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

The bill’s titles are written by its sponsor.

Sponsor and status

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 for Pennsylvania




Jul 28, 1980

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

S. 2983 (96th) 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 96th Congress, which met from Jan 15, 1979 to Dec 16, 1980. 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:

“S. 2983 — 96th Congress: Venture and Equity Capital Revitalization Act of 1980.” 1980. January 20, 2020 <>

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GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from, the official portal of the United States Congress. is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.