A bill to amend the Internal Revenue Code of 1954 to increase the amount of the credit for the elderly, to lower the age requirement for the exclusion of gain on the sale or exchange of a residence.

referredUnited States· United States Congress· EN

Introduced

1 November 1977

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to increase the amount of the credit for the elderly, lower the age requirements and raise the dollar limitation for the exclusion of gain on sales of residences, and allow individuals a personal exemption for each dependent parent.

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Timeline

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Votes

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 1 November 1977
Open at official source

Related records

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/9873
Open data entity: https://api.congress.gov/v3/bill/95/hr/9873