H.R. 2785 — Heritage Homes Tax Incentive Act of 2003

Summary

Heritage Homes Tax Incentive Act of 2003- Amends the Internal Revenue Code to grant a deduction (whether or not the taxpayer itemizes deductions) of 125% (instead of the present 100%) of residence interest paid or accrued on acquisition indebtedness for heritage homes.

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Legislative Actions

2003-07-17
Introduced in House
2003-07-17
Introduced in House
2003-07-17
Referred to the House Committee on Ways and Means.

Heritage Homes Tax Incentive Act of 2003

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Summary

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