H.R. 5290 — Family Property Tax Relief Act of 2002

Summary

Family Property Tax Relief Act of 2002 - Permits a phased-in tax credit for an individual in an amount equal to 50 percent of the property taxes paid by the individual. Sets forth a maximum credit amount of $5,000. Prohibits married couples filing separate returns and dependents from benefitting from the credit.

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Legislative Actions

2002-07-26
Introduced in House
2002-07-26
Introduced in House
2002-07-26
Referred to the House Committee on Ways and Means.

Family Property Tax Relief Act of 2002

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Summary

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