HR 3537 · 106th Congress · Taxation
Seniors Real Property Tax Relief Act of 2000
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2000-01-27)
Plain Language Summary
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Seniors Real Property Tax Relief Act of 2000 - Amends the Internal Revenue Code to: (1) allow a deduction for State and local real property taxes paid by certain taxpayers aged 65 or older who do not itemize their deductions; and (2) provide for the establishment of "senior citizen real property tax accounts" (trusts created exclusively for the purpose of paying the qualified property tax expenses of qualified beneficiaries).…
Summarized by Claude AI · Non-partisan · For informational purposes only