,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #ahdj  ,,in ,,the ,,house ,,of  
,,representatives  ,may #f1 #bjac ,ms4  
,tsongas 7for herself and ,mr4 ,neal7   
introduced the following bill2 which was
 referred to the ,committee on ,ways and
 ,means  ,a ,,bill  ,to amend the       
,internal ,revenue ,code of #aihf to    
exclude from income and employment taxes
 real property tax abatements for       
seniors and disabled individuals in     
exchange for services4  #a4 ,short title
 ,this ,act may be cited as the ,senior 
and ,retired ,volunteers ,act of #bjac4 
#b4 ,exclusion from income and          
employment taxes for real property tax  
abatements in exchange for services  7a7
 ,income taxes  7#a7 ,in general ,part  
,,iii of subchapter ,b of chapter #a of 
the ,internal ,revenue ,code of #aihf   
7relating to items specifically excluded
 from gross income7 is amended by       
inserting ater section #aci;,d the      
following new section3  #aci;,e4 ,real  
property tax abatements in exchange for 

services  7a7 ,in general ,in the case  
of a qualified individual1 gross income 
shall not include any real property tax 
abatement received under a ,state       
program1 or a local program under       
specific authority of ,state law1 in    
which the taxpayer receives such        
abatement in exchange for services4  7b7
 ,qualified individual ,for purposes of 
subsection 7a71 the term qualified      
individual means any individual who--   
7#a7 has attained age #fj1 or  7#b7 is  
disabled 7within the meaning of section 
#gb7m77#g774  4  7#b7 ,clerical         
amendment ,the table of sections for    
part ,,iii of subchapter ,b of chapter  
#a of such ,code is amended by inserting
 after the item relating to section     
#aci;,d the following new item3  ,sec4  
#aci;,e4 ,real property tax abatements  
in exchange for services4  4  7b7       
,employment taxes  7#a7 ,in general     
,paragraph 7#g7 of section #caba7;b7 of 
such ,code is amended by striking or at 
the end of subparagraph 7,e71 by        

inserting or at the end of subparagraph 
7,f71 and by inserting after            
subparagraph 7,f7 the following3  7,g7  
service under a ,state program in which 
the taxpayer in exchange for services   
receives an abatement of real property  
taxes which is excluded from income     
under section #aci;,e2  4  7#b7         
,conforming amendments to ,social       
,security ,act ,section #baj7;a77#g7 of 
the ,social ,security ,act 7#db         
,u4,s4,c4 #daj7;a77#g77 is amended by   
striking or at the end of subparagraph  
7,e71 by striking the period at the end 
of subparagraph 7,f7 and inserting 1 or1
 and by inserting after subparagraph    
7,f7 the following3  7,g7 service under 
a ,state program in which the taxpayer  
in exchange for services receives an    
abatement of real property taxes which  
is excluded from income under section   
#aci;,e of the ,internal ,revenue ,code 
of #aihf4  4  7c7 ,effective dates  7#a7
 ,the amendments made by subsection 7a7 
shall apply to taxable years beginning  

after ,december #ca1 #bjac4  7#b7 ,the  
amendments made by subsection 7b7 shall 
apply to service performed after        
,december #ca1 #bjac4