118th Congress Taxation
H.R. 7760: No Capital Gains Allowance for American Adversaries Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Lloyd Doggett D-TXOriginal
- Bill Foster D-ILOriginal
- Victoria Spartz R-INOriginal
- Melanie Stansbury D-NM
- Doug LaMalfa R-CA
- Randy Weber R-TX
Who scored on this bill
- 1Brad Sherman SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
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- H.R. 7914: Accountability for Terrorist Perpetrators of October 7th Act
- H.R. 5512: Russia and Belarus Financial Sanctions Act of 2023
History
- Introduced in the House by Brad Sherman.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Ways and Means.