United States · Bill · HR
H.R. 4930 (111th)
To amend the Internal Revenue Code of 1986 to provide a partial exclusion from gross income of gain from the sale of non-principal residences.
Introduced
24 March 2010
Last action
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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 real property which is acquired within one year of the enactment of this Act, is held by the taxpayer and used as a dwelling unit for at least two years, and is located in a high foreclosure rate area, as determined by the Secretary of the Treasury. Limits the amount of gain excludable to $50,000 ($100,000 in the case of a joint return).
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 24 March 2010
Introduced in House (PDF)
Introduced in House · EN · 24 March 2010
Introduced in House
summary · EN · 24 March 2010
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/111th-congress/house-bill/4930
- Open data entity: https://api.congress.gov/v3/bill/111/hr/4930