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- H.R.567
H.R.567: To amend the Internal Revenue Code of 1986 to increase the dollar limitation on the 1-time exclusion of gain from sale of a principal residence by individuals who have attained age 55, to increase the amount of the unified estate and gift tax credits, and to reduce the tax on capital gains.
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about taxation
- Introduced Jan. 25, 1993
- Latest Major Action Jan. 25, 1993
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
61 (All Republicans)
Bill Summary
Amends the Internal Revenue Code to increase the limitation on the one-time exclusion of gain from the sale of a principal residence by an individual who has attained age 55 and provide a cost-of-living adjustment for such amount. Increases the unified credit against the estate tax and the unified credit against the gift tax and provides a cost-of-living adjustment for such credits. Reduces the capital gains tax for a taxpayer other than a...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Jan. 25, 1993 |
Introduced in the House by Dana Rohrabacher (R-Calif.) |