A bill to provide, for purposes of the Federal income tax, that the one-time exclusion from gross income of gain from the sale of a principal residence by an individual who has attained age 55 shall apply to sales and exchanges after December 31, 1977.

referredUnited States· United States Congress· EN

Introduced

17 May 1979

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Revenue Act of 1978 to provide that the one-time exclusion from gross income of the gain from the sale of a principal residences by an individual age 55 or over shall apply to sales and exchanges after December 31, 1977, instead of July 26, 1978.

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Documents

1 official file

Introduced in House
summary · EN · 17 May 1979
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/96th-congress/house-bill/4134
Open data entity: https://api.congress.gov/v3/bill/96/hr/4134