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HR 1383 108th Congress House Taxation Capital gains tax Commerce Condominium (Housing) Cooperative housing Corporation taxes Finance and Financial Sector Housing and Community Development Housing finance Income tax Stockholders Tax exclusion

To amend the Internal Revenue Code of 1986 to provide tax relief for the conversion of cooperative housing corporations into condominiums.

Introduced: March 20, 2003 See on congress.gov
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 20, 2003
Referred to the House Committee on Ways and Means.
Mar 20, 2003
Introduced in House
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 Plain-English summary Congressional Research Service
Revises Internal Revenue Code provisions concerning distributions by cooperative housing corporations to provide that: (1) no gain or loss shall be recognized to a cooperative housing corporation on the distribution by such corporation of a dwelling unit to a stockholder in such corporation if such distribution is in exchange for the stockholder's stock in such corporation; and (2) no gain or loss shall be recognized to a stockholder of such corporation on the transfer of such stockholder's stock in an exchange described in clause (1). Provides for determining the basis of a dwelling unit.
What's happening now March 20, 2003

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • S 58 Related bill A bill to amend the Internal Revenue Code of 1986 to provide tax relief for the conversion of cooperative housing corpo…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Case, Ed
Hawaii · Mar 20, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1383: To amend the Internal Revenue Code of 1986 to provide tax relief for the conversion of cooperative housing corporations into condominiums.. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1383/
MLA
"H.R. 1383: To amend the Internal Revenue Code of 1986 to provide tax relief for the conversion of cooperative housing corporations into condominiums.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1383/.
Bluebook (legal)
H.R. 1383, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1383/.
Markdown link
[H.R. 1383: To amend the Internal Revenue Code of 1986 to provide tax relief for the conversion of cooperative housing corporations into condominiums.](https://openamerica.io/bill/108-HR-1383/)
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