A bill to amend the Internal Revenue Code of 1954 to provide a 20-percent tax credit for individuals for home improvements, home repairs, furnishings and appliances.

[AI summary unavailable — showing source text] Provides a 20 percent tax credit, under the Internal Revenue Code, to individuals for home improvements, home repairs, furnishings, and appliances. States that the total amount allowable as a tax credit under this Act for any taxable year for any taxpayer or married couple shall not exceed $200. Provides that the amendments made under this Act shall apply to taxable years beginning after December 31, 1973.…