H.R.1093: Low-Income Housing Revitalization Act

About This Bill

  • This bill was introduced in the 103rd Congress
  • This bill is primarily about housing and community development
  • Introduced Feb. 24, 1993
  • Latest Major Action Feb. 24, 1993

Bill Summary

Low-Income Housing Revitalization Act - Amends Internal Revenue Code (IRC) provisions relating to the low-income housing credit to increase the credit from four percent to nine percent with respect to new buildings that are federally subsidized. Extends the low-income housing credit permanently. Amends IRC accounting provisions to exempt low-income housing credit activities from limitations on passive losses. Revises the accelerated cost...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Feb. 24, 1993

Introduced in the House by Julian C. Dixon (D-Calif.)

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