HR 3431 · 93th Congress · Social Welfare
A bill to amend the Internal Revenue Code of 1954 to provide a deduction for certain expenses of repair and maintenance of a home owned by a taxpayer who has attained the age of 65.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1973-01-31)
Plain Language Summary
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Allows tax deduction under the Internal Revenue Code for expenses incurred for the repair and maintenance of a home owned by a taxpayer who has attained the age of 65. Limits such deductions to $500 in any calendar year. (Amends 26 U.S.C. 218)…
Summarized by Claude AI · Non-partisan · For informational purposes only