United States · Bill · S
S. 861 (93rd)
A bill to allow an income tax deduction for repair or improvement of a taxpayer's residence.
Introduced
15 February 1973
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Allows an income tax deduction under the Internal Revenue Code of 1954 for ordinary and necessary expenses up to $1,000 for any taxable year, incurred by a taxpayer in making repairs and improvements to his residence which will reduce heat loss in winter and heat gain in summer. (Amends 26 U.S.C. 218)
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 15 February 1973
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/861
- Open data entity: https://api.congress.gov/v3/bill/93/s/861