A bill to amend the Internal Revenue Code of 1954 to allow a credit, in lieu of a deduction, for interest paid on a mortgage on a taxpayer's principal residence and for real property taxes paid on such principal residence.

referredUnited States· United States Congress· EN

Introduced

6 May 1974

Last action

—

Status

Referred to Senate Committee on Finance.

Summary

Revises the Internal Revenue Code by allowing a tax credit, in lieu of a deduction, for interest paid on a mortgage on a taxpayer's principal residence and for real property taxes paid on such principal residence.

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Documents

1 official file

Introduced in Senate
summary · EN · 6 May 1974
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/3445
Open data entity: https://api.congress.gov/v3/bill/93/s/3445