HR 273 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to treat lands which are contiguous to a principal residence and which were farmed for 5 years before the sale of the principal residence as part of such residence.

Introduced 1999-01-06· Sponsored by Rep. Smith, Nick [R-MI-7]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-01-06)

Plain Language Summary

[AI summary unavailable — showing source text] Amends provisions of the Internal Revenue Code concerning the exclusion of gain from the sale of a principal residence to treat lands which are contiguous to a principal residence and which were farmed for five years before the sale of the principal residence as part of such residence.…

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

Cosponsors (1)

1 Republican
Rep. McHugh, John M. [R-NY-24]NY