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    <number>2892</number>
    <updateDate>2023-01-11T13:22:25Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:22:25Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-09-12</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. FINCHER:H.R. 2892.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H6097]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2011-09-12T16:00:22Z</date>
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      <item>
        <actionDate>2011-09-13</actionDate>
        <text>Sponsor introductory remarks on measure. (CR H6104)</text>
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          <name>Library of Congress</name>
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      <item>
        <actionDate>2011-09-12</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <actionCode>H11100</actionCode>
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            <name>Ways and Means Committee</name>
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      <item>
        <actionDate>2011-09-12</actionDate>
        <text>Sponsor introductory remarks on measure. (CR E1598)</text>
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        <actionCode>B00100</actionCode>
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          <code>9</code>
          <name>Library of Congress</name>
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        <actionDate>2011-09-12</actionDate>
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        <actionDate>2011-09-12</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>F000458</bioguideId>
        <fullName>Rep. Fincher, Stephen Lee [R-TN-8]</fullName>
        <firstName>Stephen</firstName>
        <lastName>Fincher</lastName>
        <party>R</party>
        <state>TN</state>
        <middleName>Lee</middleName>
        <district>8</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Capital gains tax</name>
        </item>
        <item>
          <name>Income tax exclusion</name>
        </item>
        <item>
          <name>Interest, dividends, interest rates</name>
        </item>
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      <policyArea>
        <name>Taxation</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-09-12</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-10-04T20:37:36Z</updateDate>
        <text><![CDATA[ <p>Invest in America Act of 2011 - Amends the Internal Revenue Code to allow&nbsp;taxpayers, other than corporations, to exclude from gross income net capital gains (defined as including dividend income) for taxable years beginning after December 31, 2011, and before January 1, 2022.</p>]]></text>
      </summary>
    </summaries>
    <title>Invest in America Act of 2011</title>
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        <titleType>Display Title</titleType>
        <title>Invest in America Act of 2011</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to suspend the capital gains tax for 10 years for taxpayers other than corporations.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Invest in America Act of 2011</title>
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    </titles>
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      <item>
        <type>Introduced in House</type>
        <date>2011-09-12T04:00:00Z</date>
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    <latestAction>
      <actionDate>2011-09-13</actionDate>
      <text>Sponsor introductory remarks on measure. (CR H6104)</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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