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HR 1102 105th Congress House Taxation Accounting Business income tax 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 Social Welfare Tax credits Tax deductions

Low-Income Housing Preservation Act of 1997

Introduced: March 18, 1997 See on congress.gov
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 18, 1997
Referred to the House Committee on Ways and Means.
Mar 18, 1997
Introduced in House
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 Plain-English summary Congressional Research Service

Low-Income Housing Preservation Act of 1997 - 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 March 18, 1997

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Clyburn, James E.
South Carolina · May 6, 1997
 D
Norton, Eleanor Holmes
District of Columbia · May 6, 1997
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1102: Low-Income Housing Preservation Act of 1997. 105th Congress. Open America. https://openamerica.io/bill/105-HR-1102/
MLA
"H.R. 1102: Low-Income Housing Preservation Act of 1997." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-1102/.
Bluebook (legal)
H.R. 1102, 105th Cong. (2026), https://openamerica.io/bill/105-HR-1102/.
Markdown link
[H.R. 1102: Low-Income Housing Preservation Act of 1997](https://openamerica.io/bill/105-HR-1102/)
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