S. 439
Introduced in Senate · March 11, 2025February 6 (
legislative day
, February 5), 2025
Mr. Budd (for himself and Mr. Kaine) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
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.
Gain from sale of qualified real property interest for purposes related to the readiness and environmental protection integration program
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Incentivizing Readiness and Environmental Protection Integration Sales Act of 2025”.