US HB331 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 19 2011 - 25% progression, died in chamber
Action: 2011-01-24 - Sponsor introductory remarks on measure. (CR E97)
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 19 2011 - 25% progression, died in chamber
Action: 2011-01-24 - Sponsor introductory remarks on measure. (CR E97)
Text: Latest bill text (Introduced) [PDF]
Summary
Fair Taxes for Seniors Act of 2011- Amends the Internal Revenue Code to provide a one-time increase (from $250,000 to $500,000, or from $500,000 to $1 million for married taxpayers filing joint returns) in the exclusion of gain from the sale of a principal residence by a taxpayer who has attained the age of 50 before such sale. Provides that in the case of a joint return, only one spouse need satisfy the age requirement.
Title
Fair Taxes for Seniors Act of 2011
Sponsors
| Rep. Bob Filner [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-24 | House | Sponsor introductory remarks on measure. (CR E97) |
| 2011-01-19 | 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/331/all-info |
| Text | https://www.congress.gov/112/bills/hr331/BILLS-112hr331ih.pdf |
