To amend the Internal Revenue Code of 1986 to provide an increased exclusion of gain from the sale of a principal residence by certain widows and widowers.

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Bill Number

HR 6006

Introduced

Jul 28, 2006

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Capital gains tax Families Home ownership Housing and Community Development Income tax Tax exclusion Taxation Widowers Widows Women

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Votes

Summary

Amends the Internal Revenue Code to increase from $250,000 to $500,000 the maximum exclusion from gross income of the gain from the sale or exchange of a principal residence by a widow or widower within one year of a spouse's death.

Actions

Jul 28, 2006

Referred to the House Committee on Ways and Means.
Jul 28, 2006

Introduced in House

Amendments

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