HR 4052 · 113th Congress · Taxation

HOME Act

Introduced 2014-02-11· Sponsored by Rep. Lujan Grisham, Michelle [D-NM-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2014-02-11)

Plain Language Summary

[AI summary unavailable — showing source text] Helping Our Middle-Class Entrepreneurs Act or the HOME Act - Amends the Internal Revenue Code to allow a taxpayer who uses a residence to conduct a trade or business a standard tax deduction equal to the lesser of $1,500 or the taxpayer's gross trade or business income derived from the business use of such residence.…

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