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- S.1755
S.1755: A bill to amend the Internal Revenue Code of 1986 to provide a special rule for members of the uniformed services and Foreign Service, and other employees, in determining the exclusion of gain from the sale of a principle residence.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced Dec. 3, 2001
- Latest Major Action Dec. 3, 2001
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to suspend, for purposes of determining exclusion of gain from the sale of a principal residence, the five-year determination period for: (1) members of the uniformed services or the Foreign Service serving on qualified extended duty (at least 50 miles from such residence or residing in Government quarters); or (2) an employee serving for more than 90 days on assignment abroad.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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Dec. 3, 2001 |
Introduced in the Senate by Bob Graham (D-Fla.) |