Summary: S.854 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for S.854. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (06/09/1997)

Long-Term Investment Incentive Act of 1997 - Amends the Internal Revenue Code to establish a sliding scale capital gains deduction on assets held between two years and eight years by noncorporate taxpayers.