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United States · Bill · HR

H.R. 7695 (95th)

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

referredUnited States· United States Congress· EN

Introduced

9 June 1977

Last action

—

Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

1 August 2024

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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.

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Documents

1 official file

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