HR 2696 · 94th 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 1975-02-04· 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.(1975-02-04)

Plain Language Summary

[AI summary unavailable — showing source text] Allows a deduction under the Internal Revenue Code of up to $1,000 per taxable year for expenses incurred by a taxpayer in making repairs and improvements to his principal residence.…

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