HR 1596
107th Congress
House
Taxation
Americans employed in foreign countries
Armed Forces and National Security
Armed forces abroad
Capital gains tax
Department of State
Families
Federal employees
Foreign service
Government Operations and Politics
Home ownership
Housing and Community Development
Housing finance
Income tax
International Affairs
Married people
Military personnel
Personal income tax
Tax exclusion
To amend the Internal Revenue Code of 1986 to provide a special rule for members of the uniformed services and the Foreign Service, and other employees, in determining the exclusion of gain from the sale of a principal residence.
Introduced: April 26, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 26, 2001
Referred to the House Committee on Ways and Means.
Apr 26, 2001
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to suspend, for purposes of determining exclusion of gain from the sale of a principal residence, the five-year determination period for: (1) members of the uniformed services or the Foreign Service serving on qualified extended duty (at least 50 miles from such residence or residing in Government quarters); or (2) an employee serving for more than 90 days on assignment abroad.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1