Bill118th CongressFiled Jan 24, 2023Taxation
H.R. 462
Real Estate Exchange Fairness Act of 2023
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jan 24, 2023)
Real Estate Exchange Fairness Act of 2023
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 happenedJan 24, 2023
Referred to the House Committee on Ways and Means.
Who’s behind it
Rescom. González-Colón, Jenniffer [R-PR-At Large](R-PR)Sponsor
1committees3actions
- Introduced in HouseJan 24, 2023
- Jan 24, 2023IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jan 24, 2023IntroReferralIntro-H
Introduced in House
- Jan 24, 2023IntroReferral1000
Introduced in House