H.R. 1922 — Fair Taxes for Seniors Act

Summary

Fair Taxes for Seniors Act - Amends the Internal Revenue Code to provide a one-time increase ($500,000) in the exclusion of gain from the sale of a principal residence by a taxpayer who has attained the age of 50 before such sale. (States that in the case of a joint return only one spouse need satisfy the age requirement.)

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Legislative Actions

2003-05-01
Introduced in House
2003-05-01
Introduced in House
2003-05-01
Referred to the House Committee on Ways and Means.
2003-05-09
Sponsor introductory remarks on measure. (CR E895)
2003-06-05
Sponsor introductory remarks on measure. (CR H5033)

Fair Taxes for Seniors Act

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Summary

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Legislative Actions

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