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To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the conversion of property by reason of eminent domain.

2/26/2026, 9:07 AM

Summary of Bill HR 7687

The bill titled "To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the conversion of property by reason of eminent domain" was introduced in the 119th Congress as H.R. 7687 on February 25, 2026. The purpose of the bill is to specifically exclude from gross income any gain resulting from the conversion of property due to eminent domain.

Current Status of Bill HR 7687

Bill HR 7687 is currently in the status of Bill Introduced since February 25, 2026. Bill HR 7687 was introduced during Congress 119 and was introduced to the House on February 25, 2026.  Bill HR 7687's most recent activity was Referred to the House Committee on Ways and Means. as of February 25, 2026

Bipartisan Support of Bill HR 7687

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
0
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7687

Primary Policy Focus

Alternate Title(s) of Bill HR 7687

To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the conversion of property by reason of eminent domain.
To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the conversion of property by reason of eminent domain.

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