S.945: Home-Office Deduction Simplification Act of 2001

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced May 24, 2001
  • Latest Major Action May 24, 2001

Bill Summary

Home-Office Deduction Simplification Act of 2001 - Amends the Internal Revenue Code to eliminate the depreciation recapture and capital gain tax on any profit from the sale of a principal residence office-in-home.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
May 24, 2001

Introduced in the Senate by Christopher S. Bond (R-Mo.)

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