S. 2257 — A bill to amend section 1235 of the Internal Revenue Code (relating to the sale or exchange of patents) to provide that such section applies to certificates of plant variety protection and to patents acquired from certain qualified institutions.

Summary

Amends the Internal Revenue Code to redefine a "holder" of patents to include an individual who acquires a patent from an institutional employer of the creator, for purposes of capital gains taxation. Redefines "patent" to include a certificate of plant variety protection.

Full Text

Related Legislation

H.R. 6167A bill to amend section 1235 of the Internal Revenue Code of 1954 (relating to the sale or exchange of patents) to provide that such section applies to certificates of plant variety protection and to certain patents acquired from certain qualified institutions.
1982-04-27Referred to House Committee on Ways and Means.
Related

Legislative Actions

1982-03-23
Introduced in Senate
1982-03-23
Read twice and referred to the Committee on Finance.
1982-03-25
Committee on Finance requested executive comment from OMB; Treasury Department.

A bill to amend section 1235 of the Internal Revenue Code (relating to the sale or exchange of patents) to provide that such section applies to certificates of plant variety protection and to patents acquired from certain qualified institutions.

Sponsors

Subjects

Summary

Full Text

Related Legislation

Legislative Actions

Ask about this bill