To make permanent the individual income tax rates for capital gains and dividends.

Amends the Jobs and Growth Tax Relief Reconciliation Act of 2003 to make the reductions in capital gains rates permanent.

[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 809 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 809

To make permanent the individual income tax rates for capital gains and 
                               dividends.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 15, 2005

    Mr. Cantor (for himself, Mr. Ryan of Wisconsin, Mr. English of 
  Pennsylvania, Mr. Reynolds, Mr. McCrery, Mr. Lewis of Kentucky, Mr. 
  Herger, Mr. Camp, and Mr. McCaul of Texas) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To make permanent the individual income tax rates for capital gains and 
                               dividends.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INDIVIDUAL INCOME TAX RATES FOR CAPITAL GAINS AND DIVIDENDS 
              MADE PERMANENT.

    Section 303 of the Jobs and Growth Tax Relief Reconciliation Act of 
2003 is amended--
            (1) by striking ``this title'' and inserting ``section 
        302'', and
            (2) in the heading, by striking ``title'' and inserting 
        ``section 302''.
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