A bill to amend the Internal Revenue Code of 1986 to provide for individuals who are residents of the District of Columbia a maximum rate of tax of 15 percent on income from sources within the District of Columbia, and for other purposes.
Provides, with respect to the zero percent capital gains rate currently applicable only to the sale of DC Zone assets, that the DC Zone shall include all DC census tracts.
Makes the first-time homebuyer credit for DC permanent.
Excludes certain DC source income for purposes of the alternative minimum tax.
Introduced in Senate
Read twice and referred to the Committee on Finance.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line