To amend the Internal Revenue Code of 1986 to repeal the age limitation on the one-time exclusion of gain from the sale of principal residence.
Homeownership Equity Act of 1989 - Amends the Internal Revenue Code to eliminate the age requirement (55 years or older) for eligibility with respect to the one-time income tax exclusion of gain from the sale of a principal residence.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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