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

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 17 February 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 17 February 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 17 February 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 17 February 1977

  Open at official source

Sponsors

• Rep. Fisher, Joesph L. [D-VA-10] · D · Sponsor
• Rep. Duncan, John J. [R-TN-2] · R · Cosponsor
• Rep. Seiberling, John F. [D-OH-14] · D · Cosponsor
• Rep. Wilson, Charles [D-TX-2] · D · Cosponsor
• Rep. Young, C. W. Bill [R-FL-13] · R · Cosponsor
• · hswm00 · Standing

Related records

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