And to the extent that one after the 2 years changes residence within the State, the equity they roll over, as I understand it, would be an exempt item under the State homestead law. Would it be additional equity rolled into the new purchase that would be under the $100,000 cap for 2 years or not?
Discussing the implications of state homestead law on property equity during a legislative session.
Share
More from Lloyd Bentsen
as one who has consistently supported the Shays-Meehan Campaign Finance Reform bill (H.R. 2356) and who signed its discharge petition, I rise in strong support of this critical reform legislation. I also would like to recognize the…
Regrettably I rise today in opposition to H.R. 3210, the Terrorism Risk Protection Act. I am very concerned about tort provisions that were added to the bill by the House Rules Committee. As an original cosponsor of H.R. 3210, I am…
I think that the bill before us today is actually a pretty good bill. I voted for the fast track bill that President Clinton sent up, and I think this bill is better than the bill that President Clinton sent up. I also think that this bill…
Last year when we began putting together the budget for fiscal year 2002 and really putting together the Republican economic program for the next 10 years, we were told that the unified budget surplus would be $5.6 trillion over the next…
Other voices in this conversation
