Summary: H.R.1500 — 109th Congress (2005-2006)All Information (Except Text)

There is one summary for H.R.1500. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/06/2005)

Investment Tax Simplification Act of 2005 - Makes permanent the reduction in individual capital gains tax rates enacted by the Jobs and Growth Tax Relief Reconciliation Act of 2003.

Amends the Internal Revenue Code to reduce the maximum capital gains tax rates for individuals and corporations.