HR 4307 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to apply the special valuation rules to grantor retained interests involving residential property other than a principal residence.

Introduced 1992-02-25· Sponsored by Rep. Moody, Jim [D-WI-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1992-02-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that special valuation rules in the case of transfers of interests in trusts do not apply to principal residences. (Current law refers to personal residences. This change would apply such rules to personal residences other than a principal residence.)…

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