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.

Disallows the depreciation deduction under the Internal Revenue Code to a landlord who has been convicted of violating a housing code, but states that such deduction shall be deemed to have been taken when computing the landlord's adjusted basis for purposes of determining gain from the disposition of such property.