A bill to amend the Internal Revenue Code of 1954 to allow a deduction for expenses allocable to the use of any portion of a dwelling unit in the trade or business of providing day care services whether or not such portion is exclusively used in such trade or business.

Summary

Amends the Internal Revenue Code to exempt trade or business expenses incurred in providing day care services on a regular basis in a taxpayer's dwelling unit from the prohibition on deducting expenses with respect to a dwelling unit which is used by the taxpayer as his residence.

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

Timeline

1. 21 February 1977

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 21 February 1977

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

• Introduced in Senate

  summary · EN · 21 February 1977

  Open at official source

Sponsors

• Sen. Anderson, Wendell R. [D-MN] · D · Sponsor
• Sen. Humphrey, Hubert H. [D-MN] · D · Cosponsor
• Sen. Heinz, John [R-PA] · R · Cosponsor
• Sen. Durkin, John A. [D-NH] · D · Cosponsor
• Sen. Abourezk, James [D-SD] · D · Cosponsor
• Sen. Eagleton, Thomas F. [D-MO] · D · Cosponsor
• Sen. Randolph, Jennings [D-WV] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to allow a deduction for expenses allocable to the use of any portion of a dwelling unit in the trade or business of providing day care services whether or not such portion is exclusively used in such trade or business.