A bill to amend section 1234 of the Internal Revenue Code of 1954 (relating to options to buy and sell) to provide that gain or loss on closing transactions shall be treated as capital gain or loss.

Summary

Legislative Actions

1. 1976-03-02

   Introduced in House

2. 1976-03-02

   Introduced in House

3. 1976-03-02

   Referred to House Committee on Ways and Means.

4. 1976-05-26

   Reported to House from the Committee on Ways and Means with amendment, H. Rept. 94-1192.

5. 1976-05-26

   Reported to House from the Committee on Ways and Means with amendment, H. Rept. 94-1192.

6. 1976-07-20

   Measure called up under motion to suspend rules and pass in House.

7. 1976-07-20

   Measure considered in House.

8. 1976-07-20

   Passed/agreed to in House: Measure passed House, amended, roll call #515 (396-2).

   Roll Call #515 (House)
9. 1976-07-20

   Measure passed House, amended, roll call #515 (396-2).

   Roll Call #515 (House)
10. 1976-07-21

    Referred to Senate Committee on Finance.