HR 3861 · 105th Congress · Taxation

Home Owners Military Equity Act of 1998

Introduced 1998-05-13· Sponsored by Rep. Smith, Linda [R-WA-3]· 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.(1998-05-13)

Plain Language Summary

[AI summary unavailable — showing source text] Home Owners Military Equity Act of 1998 - Amends the Internal Revenue Code to provide, for purposes of determining the exclusion of gain on the sale of a principal residence, that a member of the U.S. armed forces shall be treated as using such property as a principal residence while away from home on extended duty.…

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

Cosponsors (5)

1 Democrat4 Republicans
Rep. Hunter, Duncan [R-CA-52]CA
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. Watts, J. C., Jr. [R-OK-4]OK
Rep. Porter, John Edward [R-IL-10]IL
Rep. Kennedy, Patrick J. [D-RI-1]RI