H.R. 2945 · 112th Congress · 2011–2012
Capital Gains Inflation Relief Act of 2011
H.R. 2945 in the 112th Congress (2011–2012) was introduced on Sep 15, 2011, sponsored by Joe Walsh with 42 co-sponsors.
During the 112th Congress (2011–2012), Barack Obama was president, and Republicans held the House majority and Democrats the Senate majority.
- Status
- Introduced
- Introduced
- Sep 15, 2011
- Co-sponsors
- 42
- Policy area
- Taxation
What it does
Capital Gains Inflation Relief Act of 2011 - Amends the Internal Revenue Code to allow an inflation adjustment based upon the gross domestic product deflator to the adjusted basis of certain assets (including C corporation common stock and tangible property used in a trade or business) held by a taxpayer for more than three years for purposes of determining gain or loss on the sale or other disposition of such assets.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Joe Walsh (R-IL). Co-sponsors: 42 Republicans.
Where it stands
- IntroducedSep 15, 2011
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Sep 15, 2011)
More bills from Joe Walsh in the 112th Congress
- H.J.Res. 56: Proposing an amendment to the Constitution of the United States relative to balancing the budget.
- H.R. 1501: To withhold United States contributions to the United Nations until the United Nations formally…
- H.R. 2457: Palestinian Accountability Act
- H.R. 3594: Second Amendment Protection Act of 2011
Other Taxation bills in the 112th Congress
- H.R. 1079: Airport and Airway Extension Act of 2011
- H.R. 4: Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011
- H.R. 1893: Airport and Airway Extension Act of 2011, Part II
- H.R. 2279: Airport and Airway Extension Act of 2011, Part III
- H.R. 2553: Airport and Airway Extension Act of 2011, Part IV
- H.R. 674: To amend the Internal Revenue Code of 1986 to repeal the imposition of 3 percent withholding on…
- H.R. 8: American Taxpayer Relief Act of 2012
- S. 18: Small Business Paperwork Mandate Elimination Act
- H.R. 21: Reclaiming Individual Liberty Act
- H.R. 25: Fair Tax Act of 2011
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 2945 (112th Congress): Capital Gains Inflation Relief Act of 2011,” https://www.capitolreceipts.com/bill/112-hr-2945/capital-gains-inflation-relief-act-of-2011 (accessed 2026-10-17).