A bill to amend the Internal Revenue Code of 1954 to allow individuals a refundable income tax credit for expenditures to remove formaldehyde foam insulation from their homes.

referredUnited States· United States Congress· EN

Introduced

20 May 1982

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to allow individuals a refundable income tax credit for 50 percent of expenditures incurred to remove formaldehyde foam insulation from a dwelling unit which is used as the principal residence of the taxpayer. Limits such credit to $5,000 for any taxable year.

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Documents

1 official file

Introduced in House
summary · EN · 20 May 1982
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/97th-congress/house-bill/6437
Open data entity: https://api.congress.gov/v3/bill/97/hr/6437