[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1716 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 1716

 To amend the Internal Revenue Code of 1986 to allow the deduction for 
  real property taxes on the principal residences to all individuals 
             whether or not they itemize other deductions.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 25, 2009

Mr. Hill (for himself, Mr. Adler of New Jersey, Mr. Carson of Indiana, 
Mr. Burton of Indiana, Mr. Donnelly of Indiana, Mr. Visclosky, and Mr. 
   Stupak) 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 the deduction for 
  real property taxes on the principal residences to all individuals 
             whether or not they itemize other deductions.

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

SECTION 1. SHORT TITLE.

    The Act may be cited as the ``Property Tax Relief Act of 2009''.

SEC. 2. DEDUCTION FOR REAL PROPERTY TAXES ON PRINCIPAL RESIDENCES 
              ALLOWED TO ALL INDIVIDUALS WHETHER OR NOT THEY ITEMIZE 
              OTHER DEDUCTIONS.

    (a) In General.--Subsection (a) of section 62 of the Internal 
Revenue Code of 1986 (defining adjusted gross income) is amended by 
inserting after paragraph (21) the following new paragraph:
            ``(22) Principal residence real property taxes.--The 
        deduction allowed by section 164(a)(1) for State and local real 
        property taxes on any residence allocable to the period during 
        the taxable year that the residence is owned and used by the 
        taxpayer as the taxpayer's principal residence (within the 
        meaning of section 121).''.
    (b) No Effect on Computation of Alternative Minimum Taxable 
Income.--The last sentence of subparagraph (A) of section 56(b)(1) of 
such Code is amended by inserting before the period ``(other than the 
amount allowable under section 62(a)(22))''.
    (c) Conforming Amendments.--Section 63(c) of such Code is amended--
            (1) in paragraph (1) by striking subparagraph (C) and 
        redesignating subparagraphs (D) and (E) as subparagraphs (C) 
        and (D), respectively, and
            (2) by striking paragraph (7) and redesignating paragraphs 
        (8) and (9) as paragraphs (7) and (8), respectively.
    (d) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2009.
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