[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 806 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 806

  To exclude certain rebates received by families for State property 
  taxes paid by such families from consideration as family income for 
 purposes of the United States Housing Act of 1937 and section 202 of 
                        the Housing Act of 1959.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 3, 1993

 Mr. Torricelli (for himself, Mr. Saxton and Mr. Klein) introduced the 
  following bill; which was referred to the Committee on Banking and 
                                Finance

_______________________________________________________________________

                                 A BILL


 
  To exclude certain rebates received by families for State property 
  taxes paid by such families from consideration as family income for 
 purposes of the United States Housing Act of 1937 and section 202 of 
                        the Housing Act of 1959.

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

SECTION 1. EXCLUSION OF PROPERTY TAX REBATE FROM INCOME.

    For purposes of section 3(b)(4) of the United States Housing Act of 
1937 and section 202 of the Housing Act of 1959 (as amended by section 
801(a) of the Cranston-Gonzalez National Affordable Housing Act), the 
term ``income'' shall not include any rebate for property taxes paid on 
a homestead or paid through rent on a homestead received by any member 
of a family under sections 1 through 10 of Public Law 1990, chapter 61, 
of the State of New Jersey (N.J.S.A., c. 54:4--8.57 to 54:4--8.66), or 
any successor provision.

SEC. 2. APPLICABILITY.

    This Act shall apply with respect to any rebate referred to in 
section 1 that is received after January 1, 1991.

                                 <all>