3.0.0 3535 2017-12-15T00:40:53Z 2017-12-15T00:40:53Z Senate S S 2008-09-22 110 Capital Gains Inflation Relief Act of 2007 110 1261 HR 2007-03-01 Referred to the House Committee on Ways and Means. Related bill CRS Economic Growth Act of 2008 110 5109 HR 2008-01-23 Referred to the House Committee on Ways and Means. Related bill CRS Capital Gains Inflation Relief Act of 2007 110 892 S 2007-03-15 Read twice and referred to the Committee on Finance. Related bill CRS Economic Growth Act of 2008 110 2592 S 2008-02-05 Read twice and referred to the Committee on Finance. Related bill CRS 2008-11-18 Senate Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 1119 under authority of the order of the Senate of 11/17/2008. Calendars 2008-09-22 Senate Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. Calendars 2008-09-22 Introduced in Senate IntroReferral 10000 9 Library of Congress D000595 Sen. DeMint, Jim [R-SC] James DeMint R SC W. N Taxation Capital gains tax Commerce Economics and Public Finance Finance and Financial Sector Income tax Indexing (Economic policy) Inflation Losses Mutual funds Partnerships Real estate investment Small business Stocks Valuation Taxation 00 2008-09-22 Introduced in Senate 2008-10-29T17:44:42Z Amends the Internal Revenue Code to allow an inflation adjustment based upon the gross domestic product deflator to the adjusted basis of certain assets (including C corporation common stock and tangible property used in a trade or business) held by a taxpayer for more than three years for purposes of determining gain or loss on the sale or other disposition of such assets.

Sets forth rules for applying such inflation adjustment to short sales, regulated investment companies and real estate investment trusts, partnerships and other pass-thru entities, and dispositions of assets between related persons.

]]> A bill to amend the Internal Revenue Code of 1986 to index certain assets for purposes of determining gain or loss. Display Title A bill to amend the Internal Revenue Code of 1986 to index certain assets for purposes of determining gain or loss. Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to index certain assets for purposes of determining gain or loss. Placed on Calendar Senate 2008-11-18T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s3535pcs/xml/BILLS-110s3535pcs.xml Introduced in Senate 2008-09-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s3535is/xml/BILLS-110s3535is.xml 2008-11-18 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 1119 under authority of the order of the Senate of 11/17/2008. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.