Clergy Housing Allowance Clarification Act of 2002
Last action on Apr 18, 2002Read twice and referred to the Committee on Finance.
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Summary
Clergy Housing Allowance Clarification Act of 2002 - Amends the Internal Revenue Code to specify that the parsonage allowance exclusion from gross income cannot exceed the fair rental value of the home, including furnishings and appurtenances such as a garage, plus the cost of utilities.
Sets forth effective date provisions.
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