S. 503 · 108th Congress
A bill to amend the Internal Revenue Code of 1986 to allow increase the minimum tax credit where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.
- Stage
- In committee
- Sponsor
- John Kerry
- Introduced
- 2003-03-04
- Latest action
- 2003-03-04 · Introduced in Senate
Summary
Amends the Internal Revenue Code to establish a special rule allowing a minimum credit against the alternative minimum tax where stock acquired pursuant to an incentive stock option is sold or exchanged at a loss.