To amend the Internal Revenue Code of 1986 to provide a 5-year reinstatement of the real property standard deduction and to adjust such deduction for inflation.

3.0.0 121 2022-11-15T16:35:09Z 2022-11-15T16:35:09Z House H HR 2013-01-03 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HOLT:H.R. 121.Congress has the power to enact this legislation pursuantto the following:Article I of the Constitution of the United States[Page H37]]]> hswm00 Ways and Means Committee House Standing Referred to 2013-01-03T16:13:20Z 2013-01-03 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-01-03 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-01-03 Introduced in House IntroReferral 1000 9 Library of Congress H001032 Rep. Holt, Rush [D-NJ-12] RUSH HOLT D NJ D. 12 N Taxation Income tax deductions Inflation and prices State and local taxation Taxation

00 2013-01-03 Introduced in House 2013-03-01T16:46:45Z Amends the Internal Revenue Code to: (1) reinstate in 2013 and extend through 2017 the additional deduction for real property taxes in the standard tax deduction, and (2) allow an annual inflation adjustment to the allowable amount of the standard tax deduction.

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To amend the Internal Revenue Code of 1986 to provide a 5-year reinstatement of the real property standard deduction and to adjust such deduction for inflation. Display Title To amend the Internal Revenue Code of 1986 to provide a 5-year reinstatement of the real property standard deduction and to adjust such deduction for inflation. Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide a 5-year reinstatement of the real property standard deduction and to adjust such deduction for inflation. Introduced in House 2013-01-03T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr121ih/xml/BILLS-113hr121ih.xml 2013-01-03 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.