HR 2066 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow individuals under age 55 to elect the one-time exclusion of gain from sale of principal residence.

Introduced 1981-02-24· Sponsored by Rep. Traxler, Bob [D-MI-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-02-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow individuals under age 55 to elect the one-time exclusion of gain from sale or exchange of a principal residence.…

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