HR 14819 · 93th Congress · Social Welfare
A bill to amend the Internal Revenue Code of 1954 to increase the exclusion allowance for gain from the sale or exchange of a residence in the case of individuals 65 years and over.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1974-05-15)
Plain Language Summary
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Increases the tax exclusion allowance under the Internal Revenue Code for gain from the sale or exchange of a residence in the case of individuals 65 and over. (Amends 26 U.S.C. 121 (b) (1))…
Summarized by Claude AI · Non-partisan · For informational purposes only