HR 3322
103th Congress
House
Taxation
Accounting
Business losses
Commerce
Depreciation and amortization
Finance and Financial Sector
Housing and Community Development
Income tax
Low-income housing
Minimum tax
Rental housing
Residential rehabilitation
Tax credits
Tax deductions
Low-Income Housing Preservation Act of 1993
Introduced: October 20, 1993
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 20, 1993
Referred to the House Committee on Ways and Means.
Oct 20, 1993
Sponsor introductory remarks on measure. (CR H8209, E2483-2484)
Oct 20, 1993
Introduced in House
Plain-English summary
Low-Income Housing Preservation Act of 1993 - Amends the Internal Revenue Code to provide a 15-year recovery period for the depreciation deduction for new investments to rehabilitate qualified low-income housing projects. Exempts a specified amount of such rehabilitation costs from the passive loss limitations.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1