Senate bill · 100th Congress · Did not become law
A bill to amend the Internal Revenue Code of 1986 to reduce the rate of tax on long-term capital gains of individuals from 28 to 15 percent.
Sponsor: Sen. Robert Kasten R-WIWhere it went
- IntroducedOct 15, 1987
- Committee action—
- Passed Senate—
- Passed House—
- To the President—
- Became law—
Latest action: Oct 15, 1987 — Read twice and referred to the Committee on Finance.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
6 cosponsors — 6 Republicans
0 of 6 cosponsors (0%) are from the other party.
Rudolf Boschwitz (R-MN), Edwin Garn (R-UT), William Gramm (R-TX), Jesse Helms (R-NC), Steven Symms (R-ID), James Thurmond (R-SC).
More from the sponsor
Other 100th Congress bills sponsored by Sen. Robert Kasten.
- S.J.Res. 40 (100th) A joint resolution to give special recognition to the birth and achievements of Aldo Leopold.
- S. 2077 (100th) A bill entitled the "Livestock Producers' Recordkeeping Act of 1988".
- S. 666 (100th) Product Liability Reform Act
- S.Res. 271 (100th) A resolution expressing the sense of the Senate with respect to Japanese trade with the Socialist Republic of Vietnam.
- S. 2598 (100th) Waste Export Control Act
- S. 1224 (100th) A bill to provide for three years duty free treatment of certain power-driven weaving machines and parts thereof.
Sponsor’s state and district
Data as of Sep 30, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.