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- H.R.4873
H.R.4873: To amend the Internal Revenue Code of 1986 to encourage investment in affordable housing.
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about emergency management
- Introduced March 2, 2006
- Latest Major Action March 2, 2006
Bill Sponsor
Bill Cosponsors
39 (27 Democrats, 13 Republicans)
Bill Summary
Amends the Internal Revenue Code to: (1) rename the low-income housing tax credit as the affordable housing credit; (2) revise the applicable percentage rates for the credit; (3) increase the credit for low-income buildings that are part of state-designated projects; (4) allow the credit for buildings eligible for moderate rehabilitation assistance under the U.S. Housing Act of 1937; (5) repeal certain repayment requirements for qualified...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| March 2, 2006 |
Introduced in the House by James M. Ramstad (R-Minn.) |