[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 502 Introduced in Senate (IS)]







110th CONGRESS
  1st Session
                                 S. 502

   To repeal the sunset on the reduction of capital gains rates for 
individuals and on the taxation of dividends of individuals at capital 
                              gain rates.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            February 6, 2007

 Mr. Crapo (for himself, Mr. McConnell, Mr. Lott, Mr. Kyl, Mr. Smith, 
Mr. Bunning, Mr. Ensign, Mr. Craig, Mr. Vitter, Mr. DeMint, Mr. Sununu, 
 Mr. Burr, Mr. Enzi, Mr. Roberts, Mr. Bond, Mr. Allard, and Mr. Hagel) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
   To repeal the sunset on the reduction of capital gains rates for 
individuals and on the taxation of dividends of individuals at capital 
                              gain rates.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REDUCTIONS IN INDIVIDUAL CAPITAL GAINS AND DIVIDENDS TAX 
              RATE MADE PERMANENT.

    Section 303 of the Jobs and Growth Tax Relief Reconciliation Act of 
2003 (relating to sunset of title) is repealed.
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