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United States · Bill · HR

H.R. 7630 (95th)

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the entire amount of the gain from certain involuntary conversions of the principal residences of individuals who have attained age 65.

referredUnited States· United States Congress· EN

Introduced

6 June 1977

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Amends the Internal Revenue Code to provide that the entire amount of the gain from certain involuntary conversions of the principal residences of individuals aged 65 or more shall be excluded from gross income.

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Documents

1 official file

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Sources

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