H.R. 4612 — To amend the Internal Revenue Code of 1986 to exempt gain from the sale of a principal residence from tax.

Summary

Amends the Internal Revenue Code to remove the 55-year age requirement on the exclusion from gross income of gain from the sale or exchange of a principal residence.

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Legislative Actions

1994-06-21
Introduced in House
1994-06-21
Introduced in House
1994-06-21
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to exempt gain from the sale of a principal residence from tax.

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