H.R. 9935 proposes an amendment to the Internal Revenue Code of 1986 to introduce a refundable tax credit. This credit, amounting to 20% of the costs, is available to individuals who pay for skirting on certain manufactured homes during the tax year. However, the credit cannot exceed $500 and...
Simple Explanation
H.R. 9935 wants to give people money back when they put a special cover around their mobile homes to make them warmer in winter and cooler in summer, but they can only get up to $500 back and need to earn less than some big numbers to qualify.