US HB674 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 26 2009 - 25% progression, died in chamber
Action: 2009-01-28 - Sponsor introductory remarks on measure. (CR E165)
Text: Latest bill text (Introduced) [PDF]

Summary

Fair Taxes for Seniors Act of 2009 - 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.

Tracking Information

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Title

Fair Taxes for Seniors Act of 2009

Sponsors

Rep. Bob Filner [D-CA]

History

DateChamberAction
2009-01-28 Sponsor introductory remarks on measure. (CR E165)
2009-01-26 Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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