A bill to amend the Internal Revenue Codes of 1954 to provide for the non-recognition of grain from the sale of stock in a domestic corporation engaged in a trade or business related to energy if within 90 days after the sale the proceeds are invested in stock of another such corporation.
Freedom of Energy Investment Act - Amends the Internal Revenue Code to provide for the nonrecognition of gain from the sale of stock in a domestic corporation engaged in a trade or business related to energy if, within 90 days after the sale, the proceeds are invested in stock of another such company.
Referred to House Committee on Ways and Means.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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