S 5409 · 118th Congress · Taxation

Incentivizing Readiness and Environmental Protection Integration Sales Act of 2024

Introduced 2024-12-03· Sponsored by Sen. Budd, Ted [R-NC]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2024-12-03)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5409 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5409 To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the sale of qualified real property interests acquired under the authority of the Readiness and Environmental Protection Integration (REPI) program administered by the Department of Defense pursuant to section 2684a of title 10, United States Code, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 3, 2024 Mr. Budd (for himself and Mr. Kaine) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the sale of qualified real property interests acquired under the authority of the Readiness and Environmental Protection Integration (REPI) program administered by the Department of Defense pursuant to section 2684a of title 10, United States Code, and for other pur…

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

Cosponsors (1)

1 Democrat