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- S.4071
S.4071: A bill to amend the Internal Revenue Code of 1986 to extend the placed-in-service date requirement for low-income housing credit buildings and bonus depreciation property and the period for rehabilitation expenditures in the Gulf Opportunity Zone.
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about emergency management
- Introduced Nov. 16, 2006
- Latest Major Action Nov. 16, 2006
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to extend through 2010: (1) the tax credit for certain low income housing property in the Gulf Opportunity Zone, the Rita GO Zone, and the Wilma GO Zone; (2) bonus depreciation for Gulf Opportunity Zone property; and (3) the increase in the tax credit for rehabilitation expenditures for Gulf Opportunity Zone property.
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| Nov. 16, 2006 |
Introduced in the Senate by Mary L. Landrieu (D-La.) |