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United States · Bill · HR

H.R. 9907 (95th)

Individual Housing Act

referredUnited States· United States Congress· EN

Introduced

2 November 1977

Last action

2 November 1977 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Whitehurst, G. William [R-VA-2], Rep. Meeds, Lloyd [D-WA-2]

Subjects

Housing, Taxation

Source updated

2 September 2025

Housing · Taxation

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.

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

Timeline

  1. 2 November 1977

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 2 November 1977

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 2 November 1977

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

Sources

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