HR 2372 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code to provide renters with a credit against income tax.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1979-02-26)
Plain Language Summary
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Amends the Internal Revenue Code to allow individuals who rent their principal residences an income tax credit for five percent of the rent paid for the taxable year. Limits the amount of such credit to $50.…
Summarized by Claude AI · Non-partisan · For informational purposes only