HR 4383
102th Congress
House
Taxation
Economic development
Enterprise zones
Housing and Community Development
Income tax
Mortgage loans
Tax-exempt securities
To amend the Internal Revenue Code of 1986 to permit the issuance of mortgage revenue bonds to finance the sale of certain newly constructed 2-family residences.
Introduced: March 4, 1992
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 4, 1992
Referred to the House Committee on Ways and Means.
Mar 4, 1992
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to exclude from the five-year occupancy requirement under the tax-exempt mortgage revenue bond program any two-family residence which: (1) is a targeted area residence; or (2) is located in an area designated as an economic development zone or enterprise zone by Federal or State law.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1