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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
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) 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 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
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 Plain-English summary Congressional Research Service
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 March 11, 2003

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3518-3519)

 Related & companion bills 1
  • HR 284 Identical bill Housing Bond and Credit Modernization and Fairness Act of 2003
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 9
All 9 Democratic 5 Republican 4
D
Durbin, Richard J.
Illinois · Mar 2, 2004
 R
Murkowski, Lisa
Alaska · Nov 17, 2003
 D
Schumer, Charles E.
New York · Jul 17, 2003
 R
Graham, Lindsey
South Carolina · Jun 13, 2003
 D
Wyden, Ron
Oregon · May 6, 2003
 D
Cantwell, Maria
Washington · May 1, 2003
 R
Crapo, Mike
Idaho · May 1, 2003
 D
Murray, Patty
Washington · Mar 24, 2003
 R
Collins, Susan M.
Maine · Mar 11, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). S. 595: Housing Bond and Credit Modernization and Fairness Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-S-595/
MLA
"S. 595: Housing Bond and Credit Modernization and Fairness Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-595/.
Bluebook (legal)
S. 595, 108th Cong. (2026), https://openamerica.io/bill/108-S-595/.
Markdown link
[S. 595: Housing Bond and Credit Modernization and Fairness Act of 2003](https://openamerica.io/bill/108-S-595/)
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