A bill to allow a credit against the Federal income tax for State and local real property taxes, or an equivalent portion of rent, paid on their principal residences by individuals who have attained age 62.

referredUnited States· United States Congress· EN

Introduced

8 July 1975

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Permits a taxpayer who has attained the age of sixty- two to take a credit of up to $450 against his income tax for real property taxes paid by him, or for the amount of his rent constituting such taxes. Reduces the amount of such credit for taxpayers having an adjusted gross income over $7,500.

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

Timeline

No timeline events have been ingested for this record yet.

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 · 8 July 1975
Open at official source

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/94th-congress/house-bill/8402
Open data entity: https://api.congress.gov/v3/bill/94/hr/8402