Skip to main content
HR 928 104th Congress House Taxation Capital gains tax Eminent domain Income tax Real property Tax credits Tax exclusion Tax refunds

To amend the Internal Revenue Code of 1986 to provide for the nonrecognition of gain on long-term real property which is involuntarily converted as the result of the exercise of eminent domain, without regard to whether the replacement property is similar or of like kind.

Introduced: February 14, 1995 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 14, 1995
Referred to the House Committee on Ways and Means.
Feb 14, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to provide for the nonrecognition of gain on property held for at least ten years which is compulsorily or involuntarily converted as the result of the exercise of eminent domain, without regard to whether the replacement property is similar or of like kind.

What's happening now February 14, 1995

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1