To amend the Internal Revenue Code of 1986 to exclude from gross income gain on the sale of certain residential leased-fee interests to holders of the leasehold rights.

Summary

Amends the Internal Revenue Code to exclude from gross income gain from the sale of certain residential leased-fee interests to a holder of the leasehold right if such holder is: (1) an association of apartment owners of a multi-family residential leasehold property; or (2) a cooperative housing corporation for a residential leasehold property. Terminates such exclusion after 2012.

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

Timeline

1. 7 June 2007

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 7 June 2007

   Introduced

   Introduced in House

   Source: IntroReferral

3. 7 June 2007

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 7 June 2007 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 7 June 2007

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 7 June 2007

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 7 June 2007

  Open at official source

Sponsors

• Rep. Abercrombie, Neil [D-HI-1] · D · Sponsor
• Sen. Hirono, Mazie K. [D-HI] · D · Sponsor
• · hswm00 · Standing

Related records

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