,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #ddid  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #h1 #bjaf    
,mr4 ,grayson introduc$ ! foll[+ bill2  
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to all[ a d$uction
 = r5t paid or accru$ on ! p]sonal      
resid5ce ( ! taxpay]4  #a4 ,%ort title  
,?is ,act may be cit$ z ! ,r5t]s        
,fairness & ,equality ,act4  #b4        
,d$uction = r5t paid on p]sonal resid5ce
  7a7 ,9 g5]al ,"p ,,vi ( sub*apt] ,b ( 
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by ins]t+ aft] section   
#afc ! foll[+3  #afc;,a4 ,r5t paid on   
p]sonal resid5ce  7a7 ,9 g5]al ,!re %all
 be all[$ z a d$uction all r5t paid or  
accru$ )9 ! taxable ye> on ! pr9cipal   
resid5ce 7)9 ! mean+ ( section #aba7 ( !
 taxpay]4  7b7 ,limitation ,no am\nt    
%all be all[$ z a d$uction "u subsection
 7a7 = ! taxable ye> ) respect to su*   
pr9cipal resid5ce if ! assess$ or       
apprais$ value ( su* pr9cipal resid5ce =

 ! taxable ye> exce$s #a1jjj1jjj        
7#ejj1jjj 9 ! case ( a m>ri$ individual 
fil+ a sep>ate return74  7c7            
,coord9ation ,no am\nt may be d$uct$ "u 
subsection 7a7 if a d$uction is all[able
 "u section #afc = qualifi$ resid5ce    
int]e/ 7z def9$ 9 section #afc7;h77#c77 
or a d$uction is all[able "u section    
#afd7;a77#a7 = real prop]ty taxes paid  
or accru$ = ! taxable ye> ) respect to  
su* pr9cipal resid5ce4  4  7b7 ,cl]ical 
am5dm5t ,! table ( sections = "p ,,vi ( 
sub*apt] ,b ( *apt] #a ( su* ,code is   
am5d$ by ins]t+ aft] ! item relat+ to   
section #afc ! foll[+ new item3  ,sec4  
#afc;,a4 ,r5t paid on p]sonal resid5ce4 
4  7c7 ,effective date ,! am5dm5ts made 
by ?is section %all apply to am\nts paid
 or accru$ aft] ,decemb] #ca1 #bjad4