Senate bill · 101st Congress · Did not become law
A bill to amend the Internal Revenue Code of 1986 to promote savings and long-term investment through a reduced capital gains tax rate and individual retirement plus accounts.
Open in Bill Explorer →Where it went
- IntroducedOct 19, 1989
- Committee action—
- Passed Senate—
- Passed House—
- To the President—
- Became law—
Latest action: Oct 19, 1989 — 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
38 cosponsors — 37 Republicans, 1 Democrat
0 of 38 cosponsors (0%) are from the other party.
William Armstrong (R-CO), Christopher Bond (R-MO), Rudolf Boschwitz (R-MN), Conrad Burns (R-MT), John Chafee (R-RI), Daniel Coats (R-IN), Thad Cochran (R-MS), Alfonse D'Amato (R-NY), John Danforth (R-MO), Robert Dole (R-KS), Pete Domenici (R-NM), David Durenberger (R-MN), Edwin Garn (R-UT), Thomas Gorton (R-WA), William Gramm (R-TX), Chuck Grassley (R-IA), Orrin Hatch (R-UT), Mark Hatfield (R-OR), Henry Heinz (R-PA), Jesse Helms (R-NC), Gordon Humphrey (R-NH), Robert Kasten (R-WI), Chester Lott (R-MS), Richard Lugar (R-IN), Connie Mack (R-FL), John McCain (R-AZ), James McClure (R-ID), Mitch McConnell (R-KY), Frank Murkowski (R-AK), Donald Nickles (R-OK) and 8 more.
More from the sponsor
Other 101st Congress bills sponsored by Sen. Robert Packwood.
- S.J.Res. 357 (101st) A joint resolution to designate September 15, 1990 to October 15, 1990 as "Community Center Month".
- S.J.Res. 32 (101st) A joint resolution to designate February 2, 1989, as "National Women and Girls in Sports Day".
- S.J.Res. 358 (101st) A joint resolution to designate February 7, 1991, as "National Women and Girls in Sports Day".
- S.J.Res. 300 (101st) A joint resolution to designate September 1990 as "Jewish Community Center Month".
- S.J.Res. 42 (101st) A joint resolution to designate March 16, 1989, as "Freedom of Information Day".
- S. 1207 (101st) Radio License Renewal and Improvements Act of 1989
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.