H.R. 4494 · 114th Congress
Renters Fairness and Equality Act
- Stage
- In committee
- Sponsor
- Alan Grayson
- Introduced
- 2016-02-08
- Latest action
- 2016-02-08 · Introduced in House
Summary
Renters Fairness and Equality Act
This bill amends the Internal Revenue Code to allow a tax deduction of all rent paid paid or accrued on the principal residence of a taxpayer, but denies such deduction if the assessed or appraised value of the residence exceeds $1 million.