LFLeia Fletcher
@nigella_lemon_myrtle_duggan45080
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The bill titled "To amend the Internal Revenue Code of 1986 to temporarily increase the capital gains exclusion for any qualifying senior who sells a principal residence during a qualifying year, and for other purposes," designated as H.R. 9064 in the 119th Congress and introduced on May 29, 2026, aims to raise the capital gains exclusion temporarily for qualifying seniors selling their primary residence in a specific year.
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This bill, designated as S. 4636 in the 119th Congress and introduced on May 21, 2026, aims to amend the Real Estate Settlement Procedures Act of 1974 to specifically address the provision of interest on escrow balances.
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