legislation: 102-s-3381
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 102-s-3381 | 102 | s | 3381 | A bill to amend the Internal Revenue Code of 1986 to provide that certain disabled taxpayers may compute their medical expense deduction without regard to income from the forced sale of assets to pay medical bills. | Taxation | 1992-10-08 | 1992-10-08 | Read twice and referred to the Committee on Finance. | Senate | Sen. Packwood, Bob [R-OR] | OR | R | P000009 | 1 | Amends the Internal Revenue Code to allow an eligible taxpayer to exclude from gross income the gain from the sale of real property to the extent such gain does not exceed $250,000. Makes a taxpayer eligible if: (1) the taxpayer or the taxpayer's spouse or dependent is physically or mentally incapable of caring for himself or herself; (2) the expenses for medical care of such an individual exceed 25 percent of the taxpayer's adjusted gross income (reduced by the gain from the sale of property); and (3) the taxpayer elects the exclusion from gross income. | 2025-01-14T18:59:41Z |