HR 8790 · 93th Congress · Taxation

A bill to allow a credit against Federal income tax for State and local real property taxes on an equivalent portion of rent paid on their residences by individuals who have attained age 65.

Introduced 1973-06-18· Sponsored by Rep. Reid, Ogden R. [D-NY-24]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-06-18)

Plain Language Summary

[AI summary unavailable — showing source text] Allows a credit against Federal income tax for State and local real property taxes or an equivalent portion of rent paid on their residence by individuals who have attained age 65. Limits the amount of such a credit to $750. (Amends 26 U.S.C. 39)…

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