Home Owners Military Equity Act of 1998 - Amends the Internal Revenue Code to provide, for purposes of determining the exclusion of gain on the sale of a principal residence, that a member of the U.S. armed forces shall be treated as using such property as a principal residence while away from home on extended duty.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E839)
Referred to the House Committee on Ways and Means.
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