[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4195 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 4195

    To amend the Internal Revenue Code of 1986 to allow a credit to 
  individuals who maintain a household which includes an elderly low-
                            income relative.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 13, 1994

   Mr. Diaz-Balart (for himself, Ms. Roybal-Allard, Mr. Becerra, Mr. 
Bonilla, Mr. de la Garza, Mr. Gutierrez, Mr. de Lugo, Mr. Menendez, Mr. 
    Ortiz, Mr. Pastor, Mr. Richardson, Mr. Romero-Barcelo, Ms. Ros-
 Lehtinen, Mr. Serrano, Mr. Tejeda, Mr. Torres, Mr. Underwood, and Ms. 
  Velazquez) introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to allow a credit to 
  individuals who maintain a household which includes an elderly low-
                            income relative.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Elderly Housing Tax Relief Act''.

SEC. 2. CREDIT TO INDIVIDUALS PROVIDING A HOME TO ELDERLY LOW-INCOME 
              RELATIVES.

    (a) General Rule.--Subpart A of part IV of subchapter A of chapter 
1 of the Internal Revenue Code of 1986 (relating to nonrefundable 
personal credits) is amended by inserting after section 22 the 
following new section:

``SEC. 23. CREDIT FOR INDIVIDUALS PROVIDING HOME TO ELDERLY LOW-INCOME 
              RELATIVES.

    ``(a) Allowance of Credit.--In the case of an individual who 
maintains a household which includes as a member 1 or more qualified 
elderly relatives, there shall be allowed as a credit against the tax 
imposed by this chapter for the taxable year an amount equal to $500 
for each such qualified elderly relative.
    ``(b) Qualified Elderly Relative.--For purposes of this section, 
the term `qualified elderly relative' means any individual if--
            ``(1) such individual bears a relationship to the taxpayer 
        specified in paragraph (1), (2), (3), (4), (5), (6), (7), or 
        (8) of section 152(a),
            ``(2) such individual has attained age 62 before the close 
        of the taxpayer's taxable year,
            ``(3) the principal place of abode of such individual for 
        such taxable year is in the home of the taxpayer, and
            ``(4) the taxpayer establishes that, but for being a member 
        of the taxpayer's household, such individual would reside in--
                    ``(A) housing assisted under Federal law, or
                    ``(B) a nursing facility which would be entitled to 
                receive payments under a State medicaid program for the 
                care of such individual.
    ``(c) Maintaining Household.--An individual shall be treated as 
maintaining a household for any period only if over half the cost of 
maintaining the household for such period is furnished by such 
individual (or, if such individual is married during such period, is 
furnished by such individual and such individual's spouse).
    ``(d) State Medicaid Program.--For purposes of this section, the 
term `State medicaid program' means any State plan for medical 
assistance meeting the requirements of title XIX of the Social Security 
Act.''
    (b) Clerical Amendment.--The table of sections for subpart A of 
part IV of subchapter A of chapter 1 of such Code is amended by 
inserting after the item relating to section 22 the following new item:

                              ``Sec. 23. Credit for individuals 
                                        providing home to elderly low-
                                        income relatives.''
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of the enactment of 
this Act.

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