Summary: H.R.1287 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for H.R.1287. Bill summaries are authored by CRS.

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Introduced in House (03/06/1991)

Amends the Internal Revenue Code to eliminate the age (55 or older) and dollar ($125,000) restrictions with respect to the one-time income tax exclusion of gain on the sale of a principal residence.