HR 3693
104th Congress
House
Taxation
Home ownership
Housing and Community Development
Housing finance
Income tax
Losses
Tax deductions
To amend the Internal Revenue Code of 1986 to allow a capital loss deduction with respect to the sale or exchange of a principal residence.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 20, 1996
Referred to the House Committee on Ways and Means.
Jun 20, 1996
Introduced in House
Ask about this bill
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Plain-English summary
Allows an individual to deduct losses arising from the sale or exchange of the taxpayer's principal residence.
What's happening now
Referred to the House Committee on Ways and Means.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 3693: To amend the Internal Revenue Code of 1986 to allow a capital loss deduction with respect to the sale or exchange of a principal residence.. 104th Congress. Open America. https://openamerica.io/bill/104-HR-3693/
"H.R. 3693: To amend the Internal Revenue Code of 1986 to allow a capital loss deduction with respect to the sale or exchange of a principal residence.." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-3693/.
H.R. 3693, 104th Cong. (2026), https://openamerica.io/bill/104-HR-3693/.
[H.R. 3693: To amend the Internal Revenue Code of 1986 to allow a capital loss deduction with respect to the sale or exchange of a principal residence.](https://openamerica.io/bill/104-HR-3693/)