HR 5405 · 97th Congress · Taxation

Older Americans Tax Savings Act of 1982

Introduced 1982-02-02· Sponsored by Rep. Broomfield, William S. [R-MI-19]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1982-02-02)

Plain Language Summary

[AI summary unavailable — showing source text] Older Americans' Tax Savings Act of 1982 - Permits individuals aged 65 or over to claim a reimbursement for property taxes accrued for a taxable year. Limits the amount of such reimbursement to the lesser of the property taxes accrued or $600. Prohibits any reimbursement to a claimant whose household income exceeds $6,000 per year. Sets forth procedures for the Internal Revenue Service in making reimbursements to claimants, verifying claims, obtaining information regarding claims, and for recovering fraudulent claims.…

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