# 116-hr-8584: Retirement Inflation Protection Act of 2020

116-hr-8584, Retirement Inflation Protection Act of 2020, is a 116th Congress bill sponsored by Rep. Emmer, Tom [R-MN-6] (R-MN); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8584
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-8584
- Congress: 116
- Title: Retirement Inflation Protection Act of 2020
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2020-10-13
- Sponsor: Rep. Emmer, Tom [R-MN-6] (R-MN)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Retirement Inflation Protection Act of 2020 This bill allows the adjusted basis of certain assets, including C corporation common stock and tangible property used in a trade or business, to be adjusted for inflation solely for the purpose of determining the gain or loss of individuals who (1) have held such assets for more than 3 years, and (2) have attained the age of 59 1/2 as of the date of the sale or other disposition of the assets. The bill uses the Chained Consumer Price Index for All Urban Consumers (C-CPI-U) for purposes of making the inflation adjustment. The bill sets forth rules for applying the inflation adjustment to short sales, dispositions between related persons, and improvements to property. The Internal Revenue Service may disallow an adjustment if any person transfers cash, debt, or any other property to another person for the principal purpose of securing or increasing an inflation adjustment.

## Related bills

- 116-hr-8989: To require the Securities and Exchange Commission to conduct a study on the feasibility, benefits, and costs of using a distributed ledger system in the post-t…
- 116-hr-8891: To designate the facility of the United States Postal Service located at 229 Minnetonka Avenue South in Wayzata, Minnesota, as the "Jim Ramstad Post Office".
- 116-hr-8489: PRICE Act
- 116-hr-8418: STARTS Act of 2020
- 116-hr-8378: Securities Clarity Act
- 116-hr-8373: Digital Commodity Exchange Act of 2020

## Sources
- [116-hr-8584 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8584)

## Related
- [116-hr-8989: To require the Securities and Exchange Commission to conduct a study on the fea…](https://policyrisk.com/legislation/116-hr-8989)
- [116-hr-8891: To designate the facility of the United States Postal Service located at 229 Mi…](https://policyrisk.com/legislation/116-hr-8891)
- [116-hr-8489: PRICE Act](https://policyrisk.com/legislation/116-hr-8489)
- [116-hr-8418: STARTS Act of 2020](https://policyrisk.com/legislation/116-hr-8418)
- [116-hr-8378: Securities Clarity Act](https://policyrisk.com/legislation/116-hr-8378)
- [116-hr-8373: Digital Commodity Exchange Act of 2020](https://policyrisk.com/legislation/116-hr-8373)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8584 (as of 2025-11-18).