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House bill · 105th Congress · Did not become law

To amend the Internal Revenue Code of 1986 to provide a decrease in the maximum rate of tax on capital gains which is based on the length of time the taxpayer held the capital asset.

H.R. 862Introduced Feb 27, 1997Policy area: Taxation
Sponsor: Rep. Ken Bentsen D-TX
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Where it went

Latest action: Mar 3, 1997 — Sponsor introductory remarks on measure. (CR E360-361)

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

2 cosponsors — 2 Democrats

0 of 2 cosponsors (0%) are from the other party.

Martin Frost (D-TX), James Moran (D-VA).

More from the sponsor

Other 105th Congress bills sponsored by Rep. Ken Bentsen.

Sponsor’s state and district

Texas in Congress · TX-25 district

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Data as of Sep 29, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.