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Tax Exemption for Property Conversion Gains
Recent Bills/Tax Exemption for Property Conversion Gains

Tax Exemption for Property Conversion Gains

IntroducedFebruary 25, 2026
In Committee8 months ago
Intro
House
Senate
Pres
In the House Ways and Means Committee.
Most bills stop here and never get a vote.
Taxation
More:Recently Introduced BillsHouse Bills
Why This Matters

This bill allows property owners to avoid paying taxes on profits when their property is taken by the government for public projects. It matters because it helps protect the financial interests of those affected by eminent domain actions.

If you own property that the government takes, you won't have to pay taxes on any profit from that sale.
Who this affects
Property owners
What this bill changes
  1. 1This bill would change the tax code to exclude certain gains from property sales.
  2. 2It specifically applies to property taken by the government through eminent domain.
  3. 3Eminent domain allows the government to take private property for public use.

Go deeper

Read full document

Last changed 2 months ago · checked hourly

Bill Progress1 of 4
A bill has to pass the House and Senate, then go to the President.
Intro
House
Senate
Pres
IntroducedCurrentFeb 25

In the House Ways and Means Committee.

Most bills stop here and never get a vote.

Sponsors
See all 11 sponsors
House
Senate
President

The President

Donald Trump
President
Not Sent Yet
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