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S 1336 106th Congress Senate

Home Ownership Tax Credit Act of 1999

Official title: A bill to amend the Internal Revenue Code of 1986 to provide a credit to promote home ownership among low-income individuals.

Introduced: July 1, 1999 Introduced by: Reed, Jack Democratic · Rhode Island See on congress.gov
Taxation Business income taxCommerceCounselingEconomics and Public Finance
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Federally-assisted loansFinance and Financial SectorGovernment Operations and PoliticsGovernment paperworkHome ownershipHome repair and improvementHousing and Community DevelopmentIncome taxIndexing (Economic policy)Mortgage banksMortgage interest ratesMortgage loansPoorSocial WelfareTax credits
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) 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
Apr 4, 2000
Star Print ordered on the bill.
Jul 1, 1999
Read twice and referred to the Committee on Finance.
Jul 1, 1999
Sponsor introductory remarks on measure. (CR S8131-8132, S8134-8135)
Jul 1, 1999
Introduced in Senate
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 Latest action April 4, 2000

Star Print ordered on the bill.

 Plain-English summary Congressional Research Service
Home Ownership Tax Credit Act of 1999 - Amends the Internal Revenue Code to establish a home ownership tax credit which shall be allocated, through State housing finance agencies, to qualified lenders making qualified home ownership loans to certain low-income households. Sets forth the allocation formula, related rules and definitions.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Schumer, Charles E.
New York · Jul 1, 1999
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1336: Home Ownership Tax Credit Act of 1999. 106th Congress. Open America. https://openamerica.io/bill/106-S-1336/
MLA
"S. 1336: Home Ownership Tax Credit Act of 1999." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-S-1336/.
Bluebook (legal)
S. 1336, 106th Cong. (2026), https://openamerica.io/bill/106-S-1336/.
Markdown link
[S. 1336: Home Ownership Tax Credit Act of 1999](https://openamerica.io/bill/106-S-1336/)
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