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United States · Bill · HR

H.R. 3984 (104th)

Kids, Homes, and Grandparents Act of 1996

referredUnited States· United States Congress· EN

Introduced

2 August 1996

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Kids, Homes, and Grandparents Act of 1996 - Amends the Internal Revenue Code to provide for: (1) a tax credit for each qualifying child; (2) a tax deduction for taxpayers with whom a parent or grandparent resides; (3) a reduction in the capital gains rate applied to qualified principal residence gain; and (4) an indexed basis for primary residences.

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Documents

3 official files

Introduced in House (text)

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Sources

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