To amend the Internal Revenue Code of 1986 to exclude from gross income the value of certain real property tax reduction vouchers received by senior citizens who provide volunteer services under a State program.

Summary

Amends the Internal Revenue Code to exclude from gross income, in the case of any individual who has attained the age of 65, the value of any real property tax reduction voucher. Defines such a voucher as a voucher which: (1) is received from a governmental unit in exchange for the performance, by such an individual, of volunteer services for the benefit of such governmental unit; and (2) may be used to satisfy such individual's real property tax liability to such governmental unit. Prohibits a deduction for any real property tax paid using such a voucher to the extent that the amount of such voucher is excluded from gross income.

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Timeline

1. 12 May 1998

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 12 May 1998

   Introduced

   Sponsor introductory remarks on measure. (CR E833)

   Source: IntroReferral

3. 12 May 1998

   Introduced

   Introduced in House

   Source: IntroReferral

4. 12 May 1998

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 12 May 1998 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 12 May 1998

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 12 May 1998

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 12 May 1998

  Open at official source

Sponsors

• Richard Neal · D · Sponsor
• Rep. Moakley, John Joseph [D-MA-9] · D · Sponsor
• Rep. Delahunt, Bill [D-MA-10] · D · Sponsor
• James McGovern · D · Sponsor
• Sen. Markey, Edward J. [D-MA] · D · Sponsor
• Rep. Frank, Barney [D-MA-4] · D · Sponsor
• Rep. Meehan, Martin T. [D-MA-5] · D · Sponsor
• Rep. Tierney, John F. [D-MA-6] · D · Cosponsor
• Rep. Kennedy, Joseph P., II [D-MA-8] · D · Cosponsor
• · hswm00 · Standing

Related records

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