HR 1313

112th CONGRESS
1st Session

H. R. 1313

To amend the Internal Revenue Code of 1986 to encourage investment in certain industries by providing an exclusion from tax on certain gains.

IN THE HOUSE OF REPRESENTATIVES

April 1, 2011

Mr. POLIS (for himself and Mr. COFFMAN of Colorado) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to encourage investment in certain industries by providing an exclusion from tax on certain gains.

SECTION 1. SHORT TITLE.

SEC. 2. EXCLUSION OF CAPITAL GAINS ON INVESTMENTS IN CERTAIN INDUSTRIES.

`SEC. 139E. CAPITAL GAINS ON INVESTMENTS IN CERTAIN INDUSTRIES.

END