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Incentivizing Readiness and Environmental Protection Integration Sales Act of 2025

Bill Number
H.R. 1083
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Taxation
Status
Introduced
Latest Action
2025-02-06: Referred to the House Committee on Ways and Means.
Last Updated
2026-06-09T08:06:40Z

AI-Generated Summary

Purpose of the Legislation

The bill, titled the "Incentivizing Readiness and Environmental Protection Integration Sales Act of 2025," aims to encourage the sale of certain real property interests to support the Department of Defense's (DoD) Readiness and Environmental Protection Integration (REPI) program. This program helps protect military installations from incompatible land uses while promoting environmental conservation. By excluding gains from these sales from federal income taxes, the legislation makes it more financially attractive for property owners to participate.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Murphy, Gregory F. [R-NC-3]

Cosponsors (15)

Rep. Panetta, Jimmy [D-CA-19], Rep. Davis, Donald G. [D-NC-1], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Hudson, Richard [R-NC-9], Rep. Kiggans, Jennifer A. [R-VA-2], Rep. Vindman, Eugene Simon [D-VA-7], Rep. Tokuda, Jill N. [D-HI-2], Rep. Harrigan, Pat [R-NC-10], Rep. Schmidt, Derek [R-KS-2], Rep. Carter, Earl L. "Buddy" [R-GA-1], Rep. Ross, Deborah K. [D-NC-2], Rep. Bishop, Sanford D. [D-GA-2], Rep. McCormick, Richard [R-GA-7], Rep. Crank, Jeff [R-CO-5], Rep. Wilson, Joe [R-SC-2]

Recent Actions

Bill Versions

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