S.548: Affordable Housing Credit Improvement Act of 2017

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Bill Summary

Affordable Housing Credit Improvement Act of 2017 This bill amends the Internal Revenue Code, with respect to the low-income housing credit, to rename the credit "the affordable housing credit" and make several modifications to the credit. The bill increases state allocations for the credit and modifies the cost-of-living adjustments. It also revises tenant eligibility requirements, with respect to: the average income test, income...

(Source: Library of Congress)

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There is one statement associated with S.548.

Bill Actions

Date Description
March 7, 2017
Read twice and referred to the Committee on Finance.
March 7, 2017

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

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