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HR 2613 110th Congress House Taxation Apartment houses Commerce Condominium (Housing) Congress Cooperative housing Home ownership Housing and Community Development Income tax Landlord and tenant Real estate business Rental housing Sunset legislation Tax exclusion

To amend the Internal Revenue Code of 1986 to exclude from gross income gain on the sale of certain residential leased-fee interests to holders of the leasehold rights.

Introduced: June 7, 2007 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 7, 2007
Referred to the House Committee on Ways and Means.
Jun 7, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to exclude from gross income gain from the sale of certain residential leased-fee interests to a holder of the leasehold right if such holder is: (1) an association of apartment owners of a multi-family residential leasehold property; or (2) a cooperative housing corporation for a residential leasehold property. Terminates such exclusion after 2012.

What's happening now June 7, 2007

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1