Amends the Internal Revenue Code to provide that, for purposes of the tax deduction for real property taxes of cooperative housing corporations, the tenant-stockholder's proportionate share shall be computed in accordance with laws or ordinances of any State or local government.
Became Public Law No: 98-369.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Select Revenue Measures.
Subcommittee Hearings Held.
See H.R.4170.
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