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H.R. 3861 (105th): Home Owners Military Equity Act of 1998

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To amend the Internal Revenue Code of 1986 to provide, for purposes of computing the exclusion of gain on sale of a principal residence, that a member of the Armed Forces of the United States shall be treated as using property as a principal residence while away from home on extended active duty.

The bill’s titles are written by its sponsor.

Sponsor and status

Linda Smith

Sponsor. Representative for Washington's 3rd congressional district. Republican.

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Last Updated: May 13, 1998
Length: 3 pages
Introduced
May 13, 1998
105th Congress (1997–1998)
Status
Died in a previous Congress

This bill was introduced on May 13, 1998, in a previous session of Congress, but it did not receive a vote.

Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).

Cosponsors

5 Cosponsors (4 Republicans, 1 Democrat)

Source

History

May 13, 1998
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

H.R. 3861 (105th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number H.R. 3861. This is the one from the 105th Congress.

This bill was introduced in the 105th Congress, which met from Jan 7, 1997 to Dec 19, 1998. Legislation not passed by the end of a Congress is cleared from the books.

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“H.R. 3861 — 105th Congress: Home Owners Military Equity Act of 1998.” www.GovTrack.us. 1998. October 21, 2021 <https://www.govtrack.us/congress/bills/105/hr3861>

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GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.