PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Ways and Means.
Congressional Research Service
Version 00 · Introduced in House · Oct 4, 2007
Peace Corps Volunteers Tax Improvement Act of 2007 - Amends the Internal Revenue Code to allow a taxpayer election to suspend the five-year ownership and use requirements for the tax exclusion of gain from the sale of a principal residence during any period in which such taxpayer (or spouse) is serving outside the United States as a Peace Corps employee or volunteer.
Directs the Secretary of the Treasury, in consultation with the Director of the Peace Corps, to publish guidance on allowable tax deductions related to Peace Corps service.
People & committees
Rep. McDermott, Jim [D-WA-7] · D–WA
Legislative record
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Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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