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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

Introduced: August 3, 2007 Introduced by: Lofgren, Zoe Democratic · California See on congress.gov
This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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
Aug 3, 2007
Referred to the House Committee on Ways and Means.
Aug 3, 2007
Introduced in House
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 Plain-English summary Congressional Research Service

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 August 3, 2007

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 3420: 1031 Regulation Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-HR-3420/
MLA
"H.R. 3420: 1031 Regulation Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-3420/.
Bluebook (legal)
H.R. 3420, 110th Cong. (2026), https://openamerica.io/bill/110-HR-3420/.
Markdown link
[H.R. 3420: 1031 Regulation Act of 2007](https://openamerica.io/bill/110-HR-3420/)
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