A bill to amend the Internal Revenue Code of 1986 to provide a special rule for members of the uniformed services and the Foreign Service in determining the exclusion of gain from the sale of a principal residence.

Fact Sheet API

Bill Number

S 284

Introduced

Feb 4, 2003

Latest Action

Referred to the Committee on Finance. (text of measure as introduced: CR S1886)

Sponsor

Cosponsors

Topics

Armed forces abroad Armed Forces and National Security Capital gains tax Department of State Families Federal employees Foreign service Government Operations and Politics Home ownership Housing and Community Development Housing finance Income tax International Affairs Married people Military personnel Tax exclusion Taxation

Full Text

View Full Bill Text

Votes

Summary

Authorizes a member of the uniformed services or the Foreign Service serving on "qualified official extended duty" to extend for ten years the five-year period utilized in determining full exclusion of gain from the sale of a principal residence.

Actions

Feb 4, 2003

Referred to the Committee on Finance. (text of measure as introduced: CR S1886)
Feb 4, 2003

Sponsor introductory remarks on measure. (CR S1885-1886)
Feb 4, 2003

Introduced in Senate

Amendments

Related Bills