[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 735 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 735

    To amend the United States Housing Act of 1937 to exclude from 
    consideration as family income for purposes of Federal housing 
 assistance programs certain rebates and refunds for the cost of State 
                   property taxes paid through rent.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 2, 1993

   Mr. Payne of New Jersey introduced the following bill; which was 
    referred to the Committee on Banking, Finance and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
    To amend the United States Housing Act of 1937 to exclude from 
    consideration as family income for purposes of Federal housing 
 assistance programs certain rebates and refunds for the cost of State 
                   property taxes paid through rent.

    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 ``Homestead Rebate Exemption Act of 
1993''.

SEC. 2. EXCLUSION OF PROPERTY TAX REBATES FROM INCOME.

    Section 3(b)(5) of the United States Housing Act of 1937 (42 U.S.C. 
1437a(b)(5)) is amended--
            (1) in subparagraph (F), by striking ``and'' at the end;
            (2) in subparagraph (G), by striking the period at the end 
        and inserting ``; and''; and
            (3) by adding at the end the following new subparagraph:
                    ``(H) any amounts received after January 1, 1993, 
                by the family in the form of refunds or rebates under 
                State or local law for property taxes paid through rent 
                on the dwelling unit of the family.''.

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