HR 8434 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to repeal the Family Rental Tax.

Introduced 1980-12-05· Sponsored by Rep. Hammerschmidt, John P. [R-AR-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1980-12-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow income tax deductions related to the rental of a residence to a family member of the taxpayer if such family member pays a fair rental and uses such residence as the principal place of residence.…

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