Congress: 102th

Sponsor: Representative Costello, Jerry F. (06/27/1991)

Committees: House - Ways and Means

Description: To amend the Internal Revenue Code of 1986 to provide for the nonrecognition of gain on long-term real property which is involuntarily converted as the result of the exercise of eminent domain, without regard to whether the replacement property is similar or of like kind.

Lastest Action: 06/27/1991 Referred to the House Committee on Ways and Means.  (All Actions)

Official: H.R.2811 -- 102th Congress