HR 8750 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow a deduction for expenses incurred by a taxpayer in making repairs and improvements to his residence.

Introduced 1973-06-15· Sponsored by Rep. Lent, Norman F. [R-NY-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-06-15)

Plain Language Summary

[AI summary unavailable — showing source text] Allows a tax deduction, under the Internal Revenue Code of 1954, for expenses incurred by a taxpayer in making repairs and improvements to his residence. Limits such tax deduction to $1,000. (Amends 26 U.S.C. 218)…

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