HR 5639 · 111th Congress · Taxation

To amend the Internal Revenue Code of 1986 to exclude executive branch officers and employees from nonrecognition rules relating to the sale of property to comply with conflict-of-interest requirements.

Introduced 2010-06-29· Sponsored by Rep. Stearns, Cliff [R-FL-6]· 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.(2010-06-29)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude executive branch officers and employees from provisions that allow nonrecognition for income tax purposes of gain from the sale of property required to comply with federal conflict of interest laws.…

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