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- H.R.4713
H.R.4713: Seniors Real Property Tax Relief Act of 1998
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Oct. 7, 1998
- Latest Major Action Oct. 7, 1998
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Seniors Real Property Tax Relief Act of 1998 - Amends the Internal Revenue Code to: (1) allow a deduction for State and local real property taxes paid by certain taxpayers aged 65 or older who do not itemize their deductions; and (2) provide for the establishment of "senior citizen real property tax accounts" (trusts created exclusively for the purpose of paying the qualified property tax expenses of qualified beneficiaries).
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Oct. 7, 1998 |
Introduced in the House by Bob Franks (R-N.J.) |