PlainBillCongress, translated.Legislation. Context. Public interest.See H.R.2014.
Congressional Research Service
Version 00 · Introduced in House · Jan 7, 1997
Amends the Internal Revenue Code, with respect to limitations on the one-time exclusion of gain from the sale of a principal residence by an individual who has attained age 55, to disregard such an election by one married individual (for purposes of determining whether an election may be made by the individual's spouse with respect to property owned by the spouse before the date of marriage) with respect to a sale or exchange: (1) before the date of marriage; or (2) on or after the date of marriage of property owned by such individual before such date. Allows a separate dollar limitation for each election permitted under this provision.
People & committees
Rep. Neal, Richard E. [D-MA-2] · D–MA
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
See H.R.2014.
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E17)
Introduced in House
Introduced in House
Primary sources
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Source last updated: Feb 7, 2024. Consult Congress.gov for the current record.
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