H.R. 7123 · 110th Congress
Middle Class Investor Relief Act
- Stage
- In committee
- Sponsor
- Mark Kirk
- Introduced
- 2008-09-26
- Latest action
- 2008-09-28 · Sponsor introductory remarks on measure.
Summary
Middle Class Investor Relief Act - Amends the Internal Revenue Code to increase to $20,000 the limitation on the amount of losses from the sale or exchange of capital assets that an individual taxpayer may deduct in a taxable year.