HR 4399 · 94th Congress · Taxation

A bill to extend from 1 year to 2 years, the maximum period which may elapse between the sale of a residence and the purchase of another in order that gain from such sale will not be recognized for Federal income tax purposes.

Introduced 1975-03-06· Sponsored by Rep. Hammerschmidt, John P. [R-AR-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-03-06)

Plain Language Summary

[AI summary unavailable — showing source text] Extends from 1 year to 2 years the maximum period which may elapse between the sale of a principal residence and the purchase of another principal residence in order that gain from such sale will not be recognized under the Internal Revenue Code.…

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