Bill117th CongressFiled Mar 10, 2021Taxation
H.R. 1742
Real Estate Exchange Fairness Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Mar 10, 2021)
Real Estate Exchange Fairness Act of 2021
This bill requires 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 for tax purposes. (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 happenedMar 10, 2021
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
1committees3actions4subjects
- Introduced in HouseMar 10, 2021
- Mar 10, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 10, 2021IntroReferralIntro-H
Introduced in House
- Mar 10, 2021IntroReferral1000
Introduced in House