No Capital Gains Allowance for American Adversaries Act
Summary
No Capital Gains Allowance for American Adversaries Act This bill treats gains and dividends derived from transactions involving countries of concern as ordinary income. The bill defines countries of concern to include China (including Hong Kong and Macao and excluding Taiwan), Russia, Belarus, Iran, and North Korea.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
President
Introduced Mar 20, 2024
Last action Mar 20, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 20, 2024
Committee
Referred to the House Committee on Ways and Means.
lower
Mar 20, 2024
Introduced
Introduced in House
lower
1 primary · 6 co-sponsors
Sponsors
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