United States · Bill · HR
H.R. 448 (101st)
To amend the Internal Revenue Code of 1986 to provide a partial exclusion for capital gain from certain sales of real property acquired from the Federal Savings and Loan Insurance Corporation.
Introduced
4 January 1989
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 exclude from gross income 50 percent of any gain from the sale or exchange of real property acquired by the taxpayer directly from the Federal Savings and Loan Insurance Corporation after December 31, 1989, and held for at least five years.
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Timeline
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Votes
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Versions
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Documents
2 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 4 January 1989
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/101st-congress/house-bill/448
- Open data entity: https://api.congress.gov/v3/bill/101/hr/448