US HB2309 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 12 2019 - 25% progression, died in committee
Action: 2019-04-12 - 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 2019 - 25% progression, died in committee
Action: 2019-04-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires Puerto Rico to be treated as part of the United States for the purpose of determining if an exchange of real property qualifies as a like-kind exchange for tax purposes. (Under current law, real property located in the United States and real property located outside of the United States are not property of a like kind.)
Title
Real Estate Exchange Fairness Act of 2019
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-04-12 | House | Referred to the House Committee on Ways and Means. |
2019-04-12 | House | Introduced in House |
Subjects
Puerto Rico
Real estate business
Tax administration and collection, taxpayers
Taxation
U.S. territories and protectorates
Real estate business
Tax administration and collection, taxpayers
Taxation
U.S. territories and protectorates
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/2309/all-info |
Text | https://www.congress.gov/116/bills/hr2309/BILLS-116hr2309ih.pdf |