US HB1481 | 2011-2012 | 112th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 12 2011 - 25% progression, died in committee
Action: 2011-04-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 12 2011 - 25% progression, died in committee
Action: 2011-04-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Investment Property Opportunity Act of 2011 - Amends the Internal Revenue Code to exclude from gross income gain from the sale of residential real property that is: (1) located in a distressed housing area (i.e., a county with high foreclosure rates and declining housing fair market values), (2) acquired within 18 months after enactment of this Act, and (3) held for more than three years.
Title
Investment Property Opportunity Act of 2011
Sponsors
| Rep. Jared Polis [D-CO] | Rep. Mike Coffman [R-CO] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-04-12 | House | Referred to the House Committee on Ways and Means. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/1481/all-info |
| Text | https://www.congress.gov/112/bills/hr1481/BILLS-112hr1481ih.pdf |
