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- H.R.1481
H.R.1481: Investment Property Opportunity Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced April 12, 2011
- Latest Major Action April 12, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Investment Property Opportunity Act of 2011 - Amends the Internal Revenue Code to exclude from gross income gain from the sale of residential real property that is: (1) located in a distressed housing area (i.e., a county with high foreclosure rates and declining housing fair market values), (2) acquired within 18 months after enactment of this Act, and (3) held for more than three years.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| April 12, 2011 |
Introduced in the House by Jared Polis (D-Colo.) |