S 595
108th Congress
Senate
Taxation
Commerce
Economics and Public Finance
Finance and Financial Sector
Housing and Community Development
Housing subsidies
Income
Income tax
Low-income housing
Mortgage interest rates
Mortgages
Rent
Social Welfare
Tax credits
Tax-exempt securities
Housing Bond and Credit Modernization and Fairness Act of 2003
Introduced: March 11, 2003
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 2003
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3518-3519)
Mar 11, 2003
Sponsor introductory remarks on measure. (CR S3518)
Mar 11, 2003
Introduced in Senate
Plain-English summary
Housing Bond and Credit Modernization and Fairness Act of 2003 - Amends the Internal Revenue Code to: (1) repeal the required use of certain principal repayments on mortgage subsidy bond financings to redeem bonds; (2) modify the purchase price limitation under mortgage subsidy bond rules based on median family income; and (3) define the term "area median gross income" for low-income housing credit projects.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3518-3519)
Committees of jurisdiction
1