H.R.3693: To amend the Internal Revenue Code of 1986 to allow a capital loss deduction with respect to the sale or exchange of a principal residence.

About This Bill

Bill Summary

Allows an individual to deduct losses arising from the sale or exchange of the taxpayer's principal residence.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
June 20, 1996

Introduced in the House by Nita M. Lowey (D-N.Y.)

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