United States · Bill · HR
H.R. 9907 (95th)
Individual Housing Act
Introduced
2 November 1977
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Individual Housing Act - Amends the Internal Revenue Code to allow individuals an income tax deduction of up to $2,500 annually and $10,000 in a lifetime for contributions to an individual housing account. Makes such accounts tax exempt and allows distributions from such an account to be tax free if such distributions are used exclusively for the purchase of a principal residence for the distributee.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 2 November 1977
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/95th-congress/house-bill/9907
- Open data entity: https://api.congress.gov/v3/bill/95/hr/9907