HR 2309 · 116th Congress · Taxation

Real Estate Exchange Fairness Act of 2019

Introduced 2019-04-12· Sponsored by Resident Commissioner González-Colón, Jenniffer [R-PR-At Large]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-04-12)

Plain Language Summary

[AI summary unavailable — showing source text] Real Estate Exchange Fairness Act of 201 9 This bill requires Puerto Rico to be treated as part of the United States for the purpose of determining if an exchange of real property qualifies as a like-kind exchange for tax purposes. (Under current law, real property located in the United States and real property located outside of the United States are not property of a like kind.)…

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