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United States · Bill · HR

H.R. 1287 (102nd)

To amend the Internal Revenue Code of 1986 to repeal the age and dollar limitations on the one-time exclusion of gain on the sale of a principal residence.

referredUnited States· United States Congress· EN

Introduced

6 March 1991

Last action

6 March 1991 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Schulze, Richard T. [R-PA-5], Rep. Thomas, William M. [R-CA-21], Sen. Bunning, Jim [R-KY], Rep. Baker, Richard H. [R-LA-6], Rep. Ballenger, Cass [R-NC-10], Rep. Bonior, David E. [D-MI-10], Rep. Bustamante, Albert G. [D-TX-23], Sen. Campbell, Ben Nighthorse [R-CO], Rep. Combest, Larry [R-TX-19], Rep. Dannemeyer, William E. [R-CA-39], Rep. Dornan, Robert K. [R-CA-46], Rep. Emerson, Bill [R-MO-8], Rep. Gallegly, Elton [R-CA-24], Rep. Gallo, Dean A. [R-NJ-11], Rep. Gilman, Benjamin A. [R-NY-20], Rep. Goss, Porter J. [R-FL-14], Rep. Hansen, James V. [R-UT-1], Rep. Herger, Wally [R-CA-2], Rep. Horton, Frank J. [R-NY-29], Rep. Hunter, Duncan [R-CA-52], Rep. Hyde, Henry J. [R-IL-6], Sen. Inhofe, James M. [R-OK], Rep. Jefferson, William J. [D-LA-2], Rep. Kolbe, Jim [R-AZ-8], Sen. Kyl, Jon [R-AZ], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Lent, Norman F. [R-NY-4], Rep. Lightfoot, Jim [R-IA-3], Rep. Lipinski, William O. [D-IL-3], Rep. Livingston, Bob [R-LA-1], Rep. Martin, David O'B. [R-NY-26], Rep. Martinez, Matthew G. [D-CA-31], Rep. McDade, Joseph M. [R-PA-10], Rep. Murphy, Austin J. [D-PA-20], Rep. Porter, John Edward [R-IL-10], Rep. Quillen, James H. (Jimmy) [R-TN-1], Rep. Ravenel, Arthur, Jr. [R-SC-1], Rep. Rhodes, John J., III [R-AZ-1], Rep. Slaughter, D. French, Jr. [R-VA-7], Rep. Smith, Christopher H. [R-NJ-4], Rep. Smith, Neal Edward [D-IA-4], Rep. Solomon, Gerald B. H. [R-NY-22], Sen. Thomas, Craig [R-WY], Rep. Towns, Edolphus [D-NY-10], Rep. Vucanovich, Barbara F. [R-NV-2], Rep. Walker, Robert S. [R-PA-16], Rep. Walsh, James T. [R-NY-25], Rep. Wolf, Frank R. [R-VA-10]

Subjects

Taxation

Source updated

7 February 2024

Taxation

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Summary

Amends the Internal Revenue Code to eliminate the age (55 or older) and dollar ($125,000) restrictions with respect to the one-time income tax exclusion of gain on the sale of a principal residence.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 6 March 1991

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 6 March 1991

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 6 March 1991

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

2 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN

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  • Introduced in House

    summary · EN · 6 March 1991

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

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Related records

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Sources

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