HR 13890 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code to provide renters with a credit against income tax.

Introduced 1976-05-19· Sponsored by Rep. Fisher, Joesph L. [D-VA-10]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-05-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow as a credit against the personal income tax an amount equal to five percent of the rental payments made by a taxpayer for his principal residence. Limits such credit to $50 for an individual and $75 for a married couple filing a joint return.…

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