3.0.0 4494 2023-01-11T13:32:09Z 2023-01-11T13:32:09Z House HR 2016-02-08 114 [Congressional Record Volume 162, Number 22 (Monday, February 8, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GRAYSON:H.R. 4494.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, of the United States Constitution.[Page H595]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-02-08T19:00:25Z 2016-02-08 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-02-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-02-08 Introduced in House IntroReferral 1000 9 Library of Congress G000556 Rep. Grayson, Alan [D-FL-9] Alan Grayson D FL 9 N Taxation Housing finance and home ownership Income tax deductions Taxation 00 2016-02-08 Introduced in House 2016-03-08T14:53:09Z Renters Fairness and Equality Act

This bill amends the Internal Revenue Code to allow a tax deduction of all rent paid paid or accrued on the principal residence of a taxpayer, but denies such deduction if the assessed or appraised value of the residence exceeds $1 million.

]]> Renters Fairness and Equality Act Display Title Renters Fairness and Equality Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to allow a deduction for rent paid or accrued on the personal residence of the taxpayer. Introduced in House IH Short Titles as Introduced Renters Fairness and Equality Act Introduced in House 2016-02-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr4494ih/xml/BILLS-114hr4494ih.xml 2016-02-08 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.