A bill to amend the Internal Revenue Code of 1986 to provide tax relief for the conversion of cooperative housing corporations into condominiums.

Fact Sheet API

Bill Number

S 83

Introduced

Jan 24, 2005

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S255)

Sponsor

Cosponsors

Topics

Capital gains tax Commerce Condominium (Housing) Cooperative housing Corporation taxes Finance and Financial Sector Housing and Community Development Housing finance Income tax Stockholders Tax exclusion Taxation

Full Text

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Votes

Summary

Amends the Internal Revenue Code to provide for the nonrecognition of gain or loss resulting from certain distributions by cooperative housing corporations to their stockholders.

Actions

Jan 24, 2005

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S255)
Jan 24, 2005

Sponsor introductory remarks on measure. (CR S255)
Jan 24, 2005

Introduced in Senate

Amendments

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