US HB3399 | 2017-2018 | 115th Congress
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on July 26 2017 - 25% progression, died in committee
Action: 2017-07-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 26 2017 - 25% progression, died in committee
Action: 2017-07-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Fair Tax Treatment for Manufactured Housing Community Cooperatives Act This bill amends the Internal Revenue Code to allow tenant-stockholders of a cooperative housing corporation to claim a deduction for real estate taxes and interest paid or incurred for land that is owned or leased by the corporation for dwelling purposes. (Under current law, the deduction applies to buildings and does not include land.)
Title
Fair Tax Treatment for Manufactured Housing Community Cooperatives Act
Sponsors
| Rep. Keith Ellison [D-MN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-07-26 | House | Referred to the House Committee on Ways and Means. |
| 2017-07-26 | House | Introduced in House |
Same As/Similar To
HB948 (Related) 2017-02-07 - Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Subjects
Cooperative and condominium housing
Income tax deductions
Interest, dividends, interest rates
Property tax
Taxation
Income tax deductions
Interest, dividends, interest rates
Property tax
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/3399/all-info |
| Text | https://www.congress.gov/115/bills/hr3399/BILLS-115hr3399ih.pdf |
