A bill to amend the Internal Revenue Code of 1954 to provide, for purposes of the deduction for real property taxes, that certain assessments on real property which are used to provide certain facilities and services of the type which might otherwise be provided by a municipal government shall be treated as real property taxes.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to treat as real property taxes, for purposes of the income tax deduction for such taxes, assessments on real property which are paid to and used by tax-exempt civic leagues to provide services and facilities which are usually provided by a municipal government.…