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HR 5814 United States House · 117th Congress

Prohibiting Unrealized Capital Gains Taxation Act

Summary
Prohibiting Unrealized Capital Gains Taxation Act This bill prohibits the Department of the Treasury or any other federal official from imposing a tax on unrealized capital gains (i.e., not sold or otherwise disposed of).
Issues: ✗ Budget & TaxesOpposes Budget & TaxesBill explicitly prohibits taxation of unrealized capital gains, directly opposing a tax measure that would increase government revenue from asset appreciation.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2021
Committee Review
Floor Vote
President
Introduced Nov 2, 2021 Last action Nov 2, 2021
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Nov 2, 2021
Committee
Referred to the House Committee on Ways and Means.
lower
Nov 2, 2021
Introduced
Introduced in House
lower
1 primary · 10 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Byron Donalds
Byron Donalds
RRepublican
FL
19
Co
Photo of Burgess Owens
Burgess Owens
RRepublican
UT
4
Co
Photo of Daniel Webster
Daniel Webster
RRepublican
FL
11
Co
Photo of Diana Harshbarger
Diana Harshbarger
RRepublican
TN
1
Co
Photo of John W. Rose
John W. Rose
RRepublican
TN
6
Co
Photo of Kat Cammack
Kat Cammack
RRepublican
FL
3
Co
Photo of Ronny Jackson
Ronny Jackson
RRepublican
TX
13
Co
Photo of Scott Fitzgerald
Scott Fitzgerald
RRepublican
WI
5
Co
Photo of Scott Franklin
Scott Franklin
RRepublican
FL
18
Co
Photo of Ted Budd
Ted Budd
RRepublican
NC
n/a
Co
Photo of William R. Timmons IV
William R. Timmons IV
RRepublican
SC
4