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- S.1193
S.1193: A bill to amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit program.
About This Bill
- Introduced May 5, 2015
- Latest Major Action May 5, 2015
Bill Sponsor
Bill Cosponsors
28 (21 Democrats, 2 Independent Democrats, 5 Republicans)
Bill Summary
Amends the Internal Revenue Code, with respect to the low-income housing tax credit, to make permanent the minimum 9% credit rate for new buildings that are not federally-subsidized and to establish a minimum 4% credit rate for existing buildings that are not federally-subsidized.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
May 5, 2015 |
Read twice and referred to the Committee on Finance.
|
May 5, 2015 |
Introduced in the Senate by Maria Cantwell (D-Wash.) |