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- H.R.1026
H.R.1026: To amend the Internal Revenue Code of 1986 to allow a capital loss deduction with respect to the sale of a principal residence.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced March 11, 1997
- Latest Major Action March 11, 1997
Bill Sponsor
Bill Cosponsors
28 (6 Democrats, 23 Republicans)
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 |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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March 11, 1997 |
Introduced in the House by Ron Packard (R-Calif.) |