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United States · Bill · HR

H.R. 442 (105th)

To amend the Internal Revenue Code of 1986 to exclude from gross income up to $500,000 of gain on the sale of a principle residence and up to $500,000 of gain on the sale of farmland.

referredUnited States· United States Congress· EN

Introduced

9 January 1997

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to revise rules concerning the exclusion from gain on the sale of a principal residence and on the sale of farmland, including providing for an exclusion of up to $500,000 in gains.

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Documents

3 official files

Introduced in House (text)

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Sources

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