Bill115th CongressFiled Apr 5, 2018Taxation
H.R. 5430
Puerto Rico Real Estate Exchange Fairness Act of 2018
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Apr 5, 2018)
Puerto Rico Real Estate Exchange Fairness Act of 2018
This bill amends the Internal Revenue Code to require 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. (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.)
What just happenedApr 5, 2018
Referred to the House Committee on Ways and Means.
Who’s behind it
Resident Commissioner González-Colón, Jenniffer [R-PR-At Large](R-PR)Sponsor
2 cosponsors1 D1 R
2cosponsors1committees3actions4subjects
- Introduced in HouseApr 5, 2018
- Apr 5, 2018IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 5, 2018IntroReferralIntro-H
Introduced in House
- Apr 5, 2018IntroReferral1000
Introduced in House