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115-hr-5430115th Congress
Puerto Rico Real Estate Exchange Fairness Act of 2018
Sponsored By: Representative González-Colón, Jenniffer [R-PR-At Large]
Unknown
Summary
Puerto Rico Real Estate Exchange Fairness Act of 2018 This bill amends the Internal Revenue Code to require 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. (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.)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
González-Colón, Jenniffer [R-PR-At Large]
PR • R
Cosponsors
Rep. Soto, Darren [D-FL-9]
FL • D
Sponsored 4/5/2018
PETER KING
NY • R
Sponsored 8/17/2018
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov