Search Results for keywords:"repi program"

Search Results: keywords:"repi program"

H. R. 1083 — To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the sale of qualified real property interests acquired under the authority of the Readiness and Environmental Protection Integration (REPI) program administered by the Department of Defense pursuant to section 2684a of title 10, United States Code, and for other purposes.
February 06, 2025
Status:Introduced in House
Congress:119
Words:933
H.R. 1083, titled the “Incentivizing Readiness and Environmental Protection Integration Sales Act of 2025,” aims to amend the Internal Revenue Code to exclude from taxable income any gain from the sale of certain real estate interests acquired under the Department of...
Simple Explanation
H.R. 1083 is a bill that wants to let people not pay taxes on money they make from selling certain pieces of land or buildings, as long as those are used to help keep military areas safe and protect nature, following special rules.
S. 5409 — To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the sale of qualified real property interests acquired under the authority of the Readiness and Environmental Protection Integration (REPI) program administered by the Department of Defense pursuant to section 2684a of title 10, United States Code, and for other purposes.
December 03, 2024
Status:Introduced in Senate
Congress:118
Words:935
The bill S. 5409 aims to amend the Internal Revenue Code to exclude from taxable income any profits gained from selling certain types of real estate under the Readiness and Environmental Protection Integration (REPI) program managed by the Department of Defense. The REPI...
Simple Explanation
The bill wants to let people who sell certain types of land for a special military program keep all the money they make from the sale without paying taxes on it. It's about helping the military and the environment, but some of the rules are a bit tricky and hard to understand.

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