HR 1784 · 111th Congress · Taxation

Investment Property Opportunity Act of 2009

Introduced 2009-03-30· Sponsored by Rep. Polis, Jared [D-CO-2]· 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.(2009-03-30)

Plain Language Summary

[AI summary unavailable — showing source text] Investment Property Opportunity Act of 2009 - Amends the Internal Revenue Code to exclude from gross income gain from the sale of residential real property that is: (1) located in a distressed housing area (i.e., a county with high foreclosure rates and declining housing fair market values); (2) acquired within 18 months after enactment of this Act; and (3) held for more than three years.…

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

Cosponsors (2)

1 Democrat1 Republican
Rep. Coffman, Mike [R-CO-6]CO
Rep. Kosmas, Suzanne M. [D-FL-24]FL