H.R. 2785 · 108th Congress

Heritage Homes Tax Incentive Act of 2003

Stage
In committee
Introduced
2003-07-17
Latest action
2003-07-17 · Introduced in House

Summary

Heritage Homes Tax Incentive Act of 2003- Amends the Internal Revenue Code to grant a deduction (whether or not the taxpayer itemizes deductions) of 125% (instead of the present 100%) of residence interest paid or accrued on acquisition indebtedness for heritage homes.