HR 1825 · 95th Congress · Taxation

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

Introduced 1977-01-13· 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.(1977-01-13)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow individuals an income tax credit for five percent of the rent paid for their principal residence. Limits the credit to $75 in the case of a joint return, $37.50 for married individuals filing separately, and $50 for other taxpayers.…

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