To amend the Internal Revenue Code of 1986 to exclude from gross income the gain on certain sales of lands subject to ground leases.

Summary

Amends the Internal Revenue Code to exclude from gross income any gain realized from the sale to the lessee, on or before December 31, 1996, of land subject to a ground lease and on which the only buildings are residential.

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

Timeline

1. 14 June 1989

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 14 June 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 June 1989

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 14 June 1989

  Open at official source

Sponsors

• Rep. Saiki, Patricia [R-HI-1] · R · Sponsor
• · hswm00 · Standing

Related records

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