H.R.1968 - To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses to $10,500 and to index such limitation to inflation.

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  • Official: To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses to $10,500 and to index such limitation to inflation. as introduced.

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  • Today: 1
  • Past Seven Days: 16
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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
04/01/09
 
 
 
 
 
 
 

Sponsor

Representative

F. Sensenbrenner

R-WI

No Co-Sponsors

Official Summary

4/2/2009--Introduced.Amends the Internal Revenue Code to increase the limit on the deductibility of losses from the sale or exchange of capital assets for individual taxpayers to $10,500, adjusted for inflation after 2009 (50% of such amount for married individuals filing a separate tax return).

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Recent Blog Coverage

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09/15/10
H.R. 1968 [110th]: Community Health Workers Act of 2007 (GovTrack.us)

18 Apr 2007

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08/03/10
Our President and Congress fail us at every Juncture : NOVAKEO.COM ...

Because such bills as HR 1968 to stop birthright citizenship to illegal aliens remain buried in the U.S. House of Representatives for the past 10 years with no action taken. Cost to U.S. taxpayers run into the countless billions. ...

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05/07/10
CONGRESSMAN DEAL RAILROADED OUT OF CONGRESS BY THE JEWS BECAUSE HE ...

Only one US House congressman named Nathan Deal (R-GA) has entered a bill, HR 1968 to stop this abuse of the 14th Amendment, but his bill has languished in committee for over 10 years: another instance where you Congress sits on its ...

Source: clifylq
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