HR 3319 · 102th 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 1991-09-12· Sponsored by Rep. Bruce, Terry L. [D-IL-19]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1991-09-12)

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

Cosponsors (20)

14 Democrats6 Republicans
Rep. Molinari, Susan [R-NY-14]NY
Del. Blaz, Ben G. [R-GU-At Large]GU
Rep. Jontz, Jim [D-IN-5]IN
Rep. Ackerman, Gary L. [D-NY-7]NY
Rep. Brown, George E., Jr. [D-CA-36]CA
Rep. Jacobs, Andrew, Jr. [D-IN-10]IN
Rep. Ewing, Thomas W. [R-IL-15]IL
Rep. Huckaby, Thomas J. (Jerry) [D-LA-5]LA
Rep. Condit, Gary A. [D-CA-15]CA
Rep. Atkins, Chester G. [D-MA-5]MA
Rep. Andrews, Thomas H. [D-ME-1]ME
Rep. Kostmayer, Peter H. [D-PA-8]PA
Del. Norton, Eleanor Holmes [D-DC-At Large]DC
Rep. Fish, Hamilton, Jr. [R-NY-21]NY
Rep. Frank, Barney [D-MA-4]MA
Rep. Towns, Edolphus [D-NY-11]NY
Rep. Snowe, Olympia J. [R-ME-2]ME
Del. Faleomavaega, Eni F. H. [D-AS-At Large]AS
Rep. Davis, Robert W. [R-MI-11]MI
Rep. Jefferson, William J. [D-LA-2]LA