A bill to amend the Internal Revenue Code of 1954 to provide a limited exclusion of capital gains realized by taxpayers other than corporation on securities.
Small Investors Act - Excludes, under the Internal Revenue Code, the first $1,000 of long-term capital gain realized by taxpayers other than corporations on the sale or exchange of securities.
Referred to Senate Committee on Labor and Public Welfare.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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