S. 3123 (102nd): A bill to amend the Internal Revenue Code of 1986 to modify the involuntary conversion rules for certain disaster-related conversions.


Aug 3, 1992
102nd Congress, 1991–1992

Died in a previous Congress

This bill was introduced on August 3, 1992, in a previous session of Congress, but was not enacted.


John Seymour

Senator from California


About the bill

Summary (CRS)

8/3/1992--Introduced.Amends the Internal Revenue Code to provide special rules with respect to the nonrecognition of gain for principal residences compulsorily or involuntarily converted as a result of a presidentially-declared disaster.Requires ... Read more >

The bill’s title was written by its sponsor.


Aug 3, 1992

This is the first step in the legislative process.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 3123”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


2 cosponsors (1R, 1D) (show)
Committee Assignments

The committee chair determines whether a bill will move past the committee stage.


There have been no roll call votes related to this bill.

Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 5640 (identical)

Passed House
Last Action: Jul 27, 1992

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Primary Source

THOMAS.gov (The Library of Congress)

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