Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.442
H.R.442: To amend the Internal Revenue Code of 1986 to exclude from gross income up to $500,000 of gain on the sale of a principle residence and up to $500,000 of gain on the sale of farmland.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Jan. 9, 1997
- Latest Major Action Jan. 9, 1997
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to revise rules concerning the exclusion from gain on the sale of a principal residence and on the sale of farmland, including providing for an exclusion of up to $500,000 in gains.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Jan. 9, 1997 |
Introduced in the House by Nick Smith (R-Mich.) |