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- H.R.1742
H.R.1742: Real Estate Exchange Fairness Act of 2021
About This Bill
- Introduced March 10, 2021
- Latest Major Action March 10, 2021
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - March 10, 2021
Bill Summary
Real Estate Exchange Fairness Act of 2021 This bill requires Puerto Rico to be treated as part of the United States for the purpose of determining if an exchange of real property qualifies as a like-kind exchange for tax purposes. (Under current law, real property located in the United States and real property located outside of the United States are not property of a like kind.)
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 10, 2021 |
Referred to the House Committee on Ways and Means.
|
| March 10, 2021 |
Introduced in the House by Jenniffer González-Colón (R-Puerto Rico) |