HR 1026
105th Congress
House
Taxation
Capital gains tax
Home ownership
Housing and Community Development
Housing finance
Income tax
Losses
Personal income tax
Tax deductions
To amend the Internal Revenue Code of 1986 to allow a capital loss deduction with respect to the sale of a principal residence.
Introduced: March 11, 1997
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 1997
Referred to the House Committee on Ways and Means.
Mar 11, 1997
Sponsor introductory remarks on measure. (CR E429)
Mar 11, 1997
Introduced in House
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.
Committees of jurisdiction
1