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    <number>4254</number>
    <updateDate>2023-01-11T13:15:43Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:15:43Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2007-12-04</introducedDate>
    <congress>110</congress>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2007-12-04T19:02:40Z</date>
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    <actions>
      <item>
        <actionDate>2007-12-04</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <actionCode>H11100</actionCode>
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            <name>Ways and Means Committee</name>
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        <actionDate>2007-12-04</actionDate>
        <text>Sponsor introductory remarks on measure. (CR E2484)</text>
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        <actionCode>B00100</actionCode>
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          <name>Library of Congress</name>
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        <actionDate>2007-12-04</actionDate>
        <text>Introduced in House</text>
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        <actionDate>2007-12-04</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
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        <bioguideId>F000116</bioguideId>
        <fullName>Rep. Filner, Bob [D-CA-51]</fullName>
        <firstName>BOB</firstName>
        <lastName>FILNER</lastName>
        <party>D</party>
        <state>CA</state>
        <district>51</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Capital gains tax</name>
        </item>
        <item>
          <name>Home ownership</name>
        </item>
        <item>
          <name>Housing and Community Development</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Social Welfare</name>
        </item>
        <item>
          <name>Tax exclusion</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2007-12-04</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2008-01-04T14:59:39Z</updateDate>
        <text><![CDATA[ Fair Taxes for Seniors Act of 2007 - Amends the Internal Revenue Code to provide a one-time increase (from $250,000 to $500,000, or from $500,000 to $1 million for married taxpayers filing joint returns) in the exclusion of gain from the sale of a principal residence by a taxpayer who has attained the age of 50 before such sale. Provides that in the case of a joint return, only one spouse need satisfy the age requirement.]]></text>
      </summary>
    </summaries>
    <title>Fair Taxes for Seniors Act of 2007</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Fair Taxes for Seniors Act of 2007</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Fair Taxes for Seniors Act of 2007</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to provide a one-time increase in the amount excludable from the sale of a principal residence by taxpayers who have attained age 50.</title>
      </item>
    </titles>
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        <type>Introduced in House</type>
        <date>2007-12-04T05:00:00Z</date>
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    <latestAction>
      <actionDate>2007-12-04</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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