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A07507 Summary:

BILL NOA07507
 
SAME ASNo Same As
 
SPONSORNovakhov
 
COSPNSRFitzpatrick, Tague, Blankenbush, Norber, Hawley, Mikulin
 
MLTSPNSR
 
Amd §606, Tax L
 
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.
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