Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.859
S.859: Community Development Homeownership Tax Credit Act
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced April 20, 2005
- Latest Major Action April 20, 2005
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
18 (10 Democrats, 9 Republicans)
Bill Summary
Community Development Homeownership Tax Credit Act - Amends the Internal Revenue Code to allow homebuilders and investors a general business tax credit for building or substantially rehabilitating residences for low and moderate-income individuals in certain areas, including a rural area, an Indian reservation, or an area of chronic economic distress. Sets forth rules for the calculation of such credit and its administration and allocation by...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Sponsor introductory remarks on measure.
|
|
|
Read twice and referred to the Committee on Finance.
|
|
| April 20, 2005 |
Introduced in the Senate by Richard J. Santorum (R-Pa.) |