HR 4833 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to treat as sale proceeds of a residence amounts paid by the Secretary of Defense representing the reduction in the value of the residence on account of a military base closing.

Introduced 1990-05-16· Sponsored by Rep. Madigan, Edward R. [R-IL-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1990-05-16)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to treat as amounts realized on the sale of a residence any amounts paid by the Secretary of Defense which represent the reduction in value of the residence on account of a military base closing.…

Summarized by Claude AI · Non-partisan · For informational purposes only