A bill to amend the Internal Revenue Code of 1954 to eliminate the age requirement for the one-time exclusion of gain from the sale or exchange of a principal residence.

Summary

Amends the Internal Revenue Code to allow individuals under age 55 to elect the one-time exclusion of gain from the sale or exchange of a principal residence.

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

Timeline

1. 25 March 1981

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 25 March 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 March 1981

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 25 March 1981

  Open at official source

Sponsors

• Rep. Stark, Fortney Pete [D-CA-9] · D · Sponsor
• Rep. Mitchell, Parren J. [D-MD-7] · D · Sponsor
• Rep. Frost, Martin [D-TX-24] · D · Sponsor
• Rep. Bafalis, L. A. (Skip) [R-FL-10] · R · Sponsor
• Rep. Porter, John Edward [R-IL-10] · R · Sponsor
• Rep. Jenkins, Edgar L. [D-GA-9] · D · Sponsor
• Rep. Stokes, Louis [D-OH-21] · D · Sponsor
• Rep. Ottinger, Richard L. [D-NY-24] · D · Sponsor
• Del. de Lugo, Ron [D-VI-At Large] · D · Sponsor
• Rep. Richmond, Frederick W. [D-NY-14] · D · Sponsor
• Rep. Dornan, Robert K. [R-CA-38] · R · Sponsor
• Rep. Coyne, James K. [R-PA-8] · R · Cosponsor
• · hswm00 · Standing

Related records

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