HR 5290 · 107th Congress · Taxation

Family Property Tax Relief Act of 2002

Introduced 2002-07-26· Sponsored by Rep. Maloney, James H. [D-CT-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2002-07-26)

Plain Language Summary

[AI summary unavailable — showing source text] Family Property Tax Relief Act of 2002 - Permits a phased-in tax credit for an individual in an amount equal to 50 percent of the property taxes paid by the individual. Sets forth a maximum credit amount of $5,000. Prohibits married couples filing separate returns and dependents from benefitting from the credit.…

Summarized by Claude AI · Non-partisan · For informational purposes only