S.1442: Improving the Low Income Housing Tax Credit Rate Act

About This Bill

Bill Summary

Improving the Low Income Housing Tax Credit Rate Act - Amends the Internal Revenue Code to: (1) make permanent the the minimum low-income housing tax credit rate for new buildings that are not federally subsidized, and (2) establish a minimum 4% low-income housing tax rate for existing buildings that are not federally subsidized.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.1442.

Bill Actions

Date Description
Aug. 1, 2013
Read twice and referred to the Committee on Finance.
Aug. 1, 2013

Introduced in the Senate by Maria Cantwell (D-Wash.)

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