HR 3069 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide an additional itemized deduction for individuals who rent their principal residences.

Introduced 1975-02-06· Sponsored by Rep. Wolff, Lester L. [D-NY-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-02-06)

Plain Language Summary

[AI summary unavailable — showing source text] Provides a tax deduction under the Internal Revenue Code equal to 25 percent of the total rent paid or accrued by a taxpayer during the taxable year for his principle residence.…

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