United States · Bill · HR
H.R. 644 (103rd)
To amend the Internal Revenue Code of 1986 to expand the one-time exclusion of gain from sale of a principal residence based on the amount of increase in equity in the new residence.
Introduced
26 January 1993
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 allow a taxpayer who has attained age 45 to compute a maximum one-time exclusion from the sale of a principal residence based on the increase in equity in the new residence. (Current provisions govern the one-time exclusion from sale of a principal residence by an individual who has attained age 55.)
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 26 January 1993
Introduced in House (PDF)
Introduced in House · EN · 26 January 1993
Introduced in House
summary · EN · 26 January 1993
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/103rd-congress/house-bill/644
- Open data entity: https://api.congress.gov/v3/bill/103/hr/644