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HR 931 104th 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 Real estate business Rental housing Residential rehabilitation Tax credits Tax deductions

Low-Income Housing Preservation Act of 1995

Introduced: February 14, 1995 See on congress.gov
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 1995
Committee Hearings Held.
Jul 11, 1995
Committee Hearings Held.
Feb 14, 1995
Introduced in House
Feb 14, 1995
Referred to the House Committee on Ways and Means.
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 Plain-English summary Congressional Research Service

Low-Income Housing Preservation Act of 1995 - 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 $50,000 ($25,000 in the case of a separate return by a married individual) of such rehabilitation costs from the passive loss limitations.

Provides a special rule for computing the depreciation deduction for such housing projects.

What's happening now July 12, 1995

Committee Hearings Held.

 Related & companion bills 1
  • S 354 Identical bill Low-Income Housing Preservation Act of 1995
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 7
D
Velázquez, Nydia M.
New York · Aug 2, 1995
 D
Bishop, Sanford D.
Georgia · Apr 7, 1995
 D
Clyburn, James E.
South Carolina · Apr 7, 1995
 D
Fields, Cleo
Louisiana · Feb 14, 1995
 D
Neal, Richard E.
Massachusetts · Feb 14, 1995
 D
Scott, Robert C. "Bobby"
Virginia · Feb 14, 1995
 D
Thompson, Bennie G.
Mississippi · Feb 14, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 931: Low-Income Housing Preservation Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-HR-931/
MLA
"H.R. 931: Low-Income Housing Preservation Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-931/.
Bluebook (legal)
H.R. 931, 104th Cong. (2026), https://openamerica.io/bill/104-HR-931/.
Markdown link
[H.R. 931: Low-Income Housing Preservation Act of 1995](https://openamerica.io/bill/104-HR-931/)
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