To extend the replacement period for nonrecognition of gain for property involuntarily converted in the Hurricane Sandy disaster area.
Sandy Reinvestment Extension Act of 2014 - Amends the Internal Revenue Code, with respect to the nonrecognition of gain from property involuntarily converted, to extend from two years to five years the replacement period for property involuntarily converted in the Hurricane Sandy Disaster Area.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E1592)
Referred to the House Committee on Ways and Means.
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