H.R. 5470 (95th): A bill to amend the Internal Revenue Code of 1954 to provide for an extension of the period during which an individual must purchase a new residence for nonrecognition of gain on the sale of an old residence in the case of members of the Armed Forces who are stationed overseas or who are required to reside in Government quarters.


Mar 23, 1977
95th Congress, 1977–1978

Died in a previous Congress

This bill was introduced on March 23, 1977, in a previous session of Congress, but was not enacted.


Philip “Phil” Crane
Representative for Illinois's 12th congressional district

About the bill

Summary (CRS)
3/23/1977--Introduced.Amends the Internal Revenue Code to extend the repurchase deadlines for nonrecognition of gain on the sale of former residences in the case of members of the armed forces who ...

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H.R. 12950 (identical)

Referred to Committee
Last Action: Jun 2, 1978

What is a bill?

The “H.R.” in “H.R. 5470” means this is a House of Representatives 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.

The bill’s title was written by its sponsor.


Mar 23, 1977


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