Summary: H.R.1487 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for H.R.1487. Bill summaries are authored by CRS.

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Introduced in House (04/04/2001)

Amends the Internal Revenue Code to repeal the provision providing for the alternative minimum tax treatment of the transfer of incentive stock options (thereby changing the taxable event from the exercise of a stock option to the sale of stock).