Provides a 20 percent tax credit, under the Internal Revenue Code, to individuals for home improvements, home repairs, furnishings, and appliances. States that the total amount allowable as a tax credit under this Act for any taxable year for any taxpayer or married couple shall not exceed $200. Provides that the amendments made under this Act shall apply to taxable years beginning after December 31, 1973.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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