S 3445 · 93th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to allow a credit, in lieu of a deduction, for interest paid on a mortgage on a taxpayer's principal residence and for real property taxes paid on such principal residence.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1974-05-06)
Plain Language Summary
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Revises the Internal Revenue Code by allowing a tax credit, in lieu of a deduction, for interest paid on a mortgage on a taxpayer's principal residence and for real property taxes paid on such principal residence.…
Summarized by Claude AI · Non-partisan · For informational purposes only