A bill to amend the Internal Revenue Code of 1954 to provide that certain rentals to members of the taxpayer's family will not be treated as personal use by the taxpayer for purposes of the disallowance of certain expenses in connection with the business use of homes, rental of vacation homes, etc.

Summary

Amends the Internal Revenue Code to permit an income tax deduction for expenses in connection with the rental of a residence to a family member, if such family member has attained age 60, is handicapped, and the rent charged is a fair rental.

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

Timeline

1. 5 January 1981

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 5 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 5 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 25 February 1981

   Referred

   Referred to Subcommittee on Select Revenue Measures.

   Source: Committee

5. 19 October 1981

   Committee

   Subcommittee Hearings Held.

   Source: Committee

6. 9 December 1981

   Committee

   For Further Action See H.R.4908.

   Source: Committee

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 · 5 January 1981

  Open at official source

Sponsors

• Rep. Roybal, Edward R. [D-CA-25] · D · Sponsor
• Rep. Pepper, Claude [D-FL-14] · D · Sponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend section 280A of the Internal Revenue Code of 1954 with respect to rentals of dwelling units to family members, and for other purposes.