Bill Title: Creates a homeownership rehabilitation credit; allows a taxpayer to be credited for fifteen percent of the qualified rehabilitation expenses made by such taxpayer with respect to a qualified residence against the tax imposed; defines qualified residence and qualified rehabilitation expenses.

Spectrum: Strong Partisan Bill (Republican 17-1)

Status: (Introduced - Dead) 2012-06-19 - held for consideration in ways and means [A02574 Detail]

Text: Latest bill text (Introduced) [HTML]

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