Summary: H.R.6172 — 98th Congress (1983-1984)All Information (Except Text)

There is one summary for H.R.6172. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (08/10/1984)

Amends the Internal Revenue Code to exempt from the application of imputed interest rules: (1) the first $250,000 of the sale price of residential property sold by an individual; (2) the first $1,000,000 of the sale price of farm property; and (3) the first $500,000 of the sale price of business, trade, or investment property.