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  <bill>
    <number>5871</number>
    <updateDate>2023-01-11T13:25:09Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:25:09Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2014-12-11</introducedDate>
    <congress>113</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. GRAYSON:H.R. 5871.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the U.S. Constitution.[Page H9304]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2014-12-11T14:04:10Z</date>
          </item>
        </activities>
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      <item>
        <actionDate>2014-12-11</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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        <actionDate>2014-12-11</actionDate>
        <text>Introduced in House</text>
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        <actionDate>2014-12-11</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>G000556</bioguideId>
        <fullName>Rep. Grayson, Alan [D-FL-9]</fullName>
        <firstName>Alan</firstName>
        <lastName>Grayson</lastName>
        <party>D</party>
        <state>FL</state>
        <district>9</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Capital gains tax</name>
        </item>
        <item>
          <name>Income tax rates</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2014-12-11</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2015-01-07T21:56:23Z</updateDate>
        <text><![CDATA[ <p>Dollar is a Dollar Act - Amends the Internal Revenue Code to repeal provisions allowing a lower income tax rate for capital gains income.</p>]]></text>
      </summary>
    </summaries>
    <title>Dollar is a Dollar Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Dollar is a Dollar Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To tax capital gains at the same rate as ordinary income.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Dollar is a Dollar Act</title>
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    </titles>
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        <type>Introduced in House</type>
        <date>2014-12-11T05:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-113hr5871ih/xml/BILLS-113hr5871ih.xml</url>
          </item>
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    <latestAction>
      <actionDate>2014-12-11</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:language>EN</dc:language>
    <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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