A bill to amend section 167 of the Internal Revenue Code of 1954 to encourage landlords to meet minimal housing standards by disallowing the depreciation deduction to a landlord who has been convicted of violating a housing code.

Provides, under the Internal Revenue Code, that no depreciation deduction shall be allowed in the case of rental housing for any taxable year in which a housing code violation existed for which the owner of such property or his agent was convicted by a court of law. (Amends 26 U.S.C. 167)