HR 1632
111th Congress
House
Taxation
Capital gains tax
Income tax exclusion
To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income of long-term capital gains on property purchased before the end of 2009.
Introduced: March 19, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 19, 2009
Introduced in House
Mar 19, 2009
Referred to the House Committee on Ways and Means.
Plain-English summary
Amends the Internal Revenue Code to exclude from gross income long-term gain on capital assets acquired between the date of enactment of this Act and December 31, 2009.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1