HR 3420
110th Congress
House
Taxation
Bank accounts
Capital gains tax
Credit unions
Deposit insurance
Finance and Financial Sector
Income tax
Land transfers
Public Lands and Natural Resources
Tax exemption
1031 Regulation Act of 2007
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 3, 2007
Referred to the House Committee on Ways and Means.
Aug 3, 2007
Introduced in House
Plain-English summary
1031 Regulation Act of 2007 - Amends the Internal Revenue Code to require the use of a federally insured depository institution or credit union to hold cash to be used in a tax-free exchange of properties to acquire like-kind property.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1