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

# Summary of HR 7687 **What the Bill Would Do** This bill would change federal tax law to help property owners who lose land through eminent domain (when the government takes private property for public use, like building a highway). Currently, when the government pays property owners for seized land, any profit from the sale is considered taxable income. This bill would exclude that gain from taxes, meaning property owners wouldn't owe federal income tax on the difference between what they originally paid for the land and what the government paid them. **Who It Affects and Key Provisions** The bill directly benefits property owners whose land is taken through eminent domain. By exempting this gain from taxation, it would allow people to keep more of the compensation they receive from the government.

The bill amends the Internal Revenue Code (federal tax law) but doesn't specify limits on property type, value, or circumstances—the full details would be in the legislative language itself. **Current Status** As of now, HR 7687 is in committee, meaning it hasn't yet been voted on by the full House of Representatives. The bill was introduced by Rep. Ben Cline (R-VA), and it remains in the early stages of the legislative process.