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- H.R.2887
H.R.2887: Affordable Housing Preservation Tax Relief Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced June 16, 2009
- Latest Major Action June 16, 2009
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 2 Republicans)
Bill Summary
Affordable Housing Preservation Tax Relief Act of 2009 - Amends the Internal Revenue Code to exclude from gross income gain from the sale or exchange of certain multifamily housing property to a housing credit agency or related organization (preservation entity) that agrees to maintain certain affordability and use restrictions for such property. Limits the excludable amount of such gain to the depreciation adjustments for such property.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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June 16, 2009 |
Introduced in the House by Artur Davis (D-Ala.) |