HR 4116 · 94th Congress · Taxation

A bill to allow a credit of not more than $300 against the Federal income tax for State and local real property taxes, or for a corresponding portion of rent, paid by individuals with respect to their principal residences.

Introduced 1975-03-04· Sponsored by Rep. Addabbo, Joseph P. [D-NY-7]· 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.(1975-03-04)

Plain Language Summary

[AI summary unavailable — showing source text] Allows a tax credit of not more than $300 under the Internal Revenue Code for State and local real property taxes, or for a corresponding portion of rent, paid by individuals with respect to their principal residences.…

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