A bill to amend the Internal Revenue Code of 1954 to provide a tax credit with respect to housing senior citizens in the principal residence of the taxpayer, and to provide to senior citizens a tax credit for property taxes, or a certain portion of rent, paid by them for their principal residences.

Summary

Amends the Internal Revenue Code to provide a limited, refundable tax credit to persons age 65 or over for the real property taxes or the rent they pay for their principal residences. Allows a limited tax credit for each individual who is at least 65 years of age whose principal place of abode during the taxable year is the principal residence of the taxpayer, and who is not a lodger with the taxpayer.

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Timeline

1. 19 October 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 19 October 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 19 October 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 19 October 1977

  Open at official source

Sponsors

• Sen. Cohen, William S. [R-ME] · R · Sponsor
• · hswm00 · Standing

Related records

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