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HR 1722 107th Congress House Taxation Capital gains tax Home ownership Housing and Community Development Housing finance Income tax Personal income tax Tax exclusion

To amend the Internal Revenue Code of 1986 to increase the amount excluded from gain on the sale of a principal residence for both single and joint filers to $1,000,000.

Introduced: May 3, 2001 Introduced by: Lofgren, Zoe Democratic · California See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 3, 2001
Referred to the House Committee on Ways and Means.
May 3, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to increase to $1 million the exclusion from gain on the sale of a personal residence and makes such exclusion available to both single and joint filers.
What's happening now May 3, 2001

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1