HR 7561
96th Congress
House
Taxation
Capital gains tax
Housing and Community Development
Housing and Housing Finance
Income tax
Residential mobility
Tax exclusion
A bill to amend the Internal Revenue Code of 1954 to eliminate the age requirement for eligibility for the one-time exclusion of gain from the sale of a principal residence.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 12, 1980
Referred to House Committee on Ways and Means.
Jun 12, 1980
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to eliminate the age requirement for the one-time exclusion of gain from the sale or exchange of a principal residence.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1