HR 4612 · 103th Congress · Taxation

To amend the Internal Revenue Code of 1986 to exempt gain from the sale of a principal residence from tax.

Introduced 1994-06-21· Sponsored by Rep. Johnston, Harry [D-FL-19]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1994-06-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to remove the 55-year age requirement on the exclusion from gross income of gain from the sale or exchange of a principal residence.…

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

Cosponsors (7)

4 Democrats3 Republicans