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United States · Bill · HR

H.R. 3520 (111th)

To amend the Internal Revenue Code of 1986 to exclude capital gains on sales and exchanges of residences purchased in a foreclosure sale.

referredUnited States· United States Congress· EN

Introduced

31 July 2009

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Amends the Internal Revenue Code to exclude from gross income gain from the sale or exchange of a residential property acquired at foreclosure or by operation of law after default on a mortgage.

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Documents

3 official files

Introduced in House (text)

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Sources

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