A bill to amend the Internal Revenue Code of 1954 to provide a limited exclusion of capital gains realized by taxpayers other than corporations on securities.
Small Investors Act - Provides a limited exclusion of up to $1,000 under the Internal Revenue Code for the excess amount of long-term capital gain over short-term capital loss realized by taxpayers other than corporations on the sale or exchange of securities.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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