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HR 1549 109th Congress House

Renewing the Dream Tax Credit Act

Official title: To amend the Internal Revenue Code of 1986 to allow an income tax credit for the provision of homeownership and community development, and for other purposes.

Introduced: July 29, 2005 See on congress.gov
Taxation CommerceCommunity developmentCost of living adjustmentsDepressed areas
More subjectsShow fewer subjects
Economics and Public FinanceFinance and Financial SectorGovernment Operations and PoliticsGovernment paperworkHome ownershipHousing and Community DevelopmentHousing authoritiesIncome taxIndexing (Economic policy)Indian housingInfrastructureLiensLow-income housingMinoritiesNonprofit organizationsRental housingResidential rehabilitationRural housingSocial WelfareTax creditsTax returnsTax-exempt organizationsUrban affairs
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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
Apr 12, 2005
Referred to the House Committee on Ways and Means.
Apr 12, 2005
Introduced in House
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 Latest action April 12, 2005

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Renewing the Dream Tax Credit Act - Amends the Internal Revenue Code to allow homebuilders and investors a general business tax credit for building or substantially rehabilitating residences for low and moderate-income individuals in certain areas, including a rural area, an Indian reservation, or an area of chronic economic distress. Sets forth rules for the calculation of such credit and its administration and allocation by the States.

 Related & companion bills 1
  • S 859 Related bill Community Development Homeownership Tax Credit Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 58
All 58 Democratic 22 Republican 11 Independent 1
D
Thompson, Bennie G.
Mississippi · Dec 5, 2006
LEWIS, JERRY
· Sep 29, 2006
 I
Sanders, Bernard
Vermont · Jun 7, 2006
 D
Matsui, Doris O.
California · Dec 15, 2005
 D
Davis, Danny K.
Illinois · Oct 18, 2005
 D
Meeks, Gregory W.
New York · Oct 18, 2005
JOHNSON, TIMOTHY
· Sep 27, 2005
 D
Van Hollen, Chris
Maryland · Sep 27, 2005
 D
Velázquez, Nydia M.
New York · Sep 27, 2005
SHADEGG, JOHN
· Sep 8, 2005
 R
Turner, Michael R.
Ohio · Sep 8, 2005
 D
Cleaver, Emanuel
Missouri · Jul 29, 2005
DIAZ-BALART, LINCOLN
· Jul 29, 2005
 D
Schakowsky, Janice D.
Illinois · Jul 29, 2005
 D
Smith, Adam
Washington · Jul 29, 2005
HASTINGS, DOC
· Jul 14, 2005
PUTNAM, ADAM
· Jul 14, 2005
BOYD, ALLEN
· Jun 30, 2005
 R
Graves, Sam
Missouri · Jun 30, 2005
 R
Issa, Darrell
California · Jun 30, 2005
Marshall, Jim
· Jun 30, 2005
 D
Bishop, Sanford D.
Georgia · Jun 15, 2005
Brown-Waite, Ginny
· Jun 15, 2005
 R
Capito, Shelley Moore
West Virginia · Jun 15, 2005
Chandler, Ben
· Jun 15, 2005
 D
DeLauro, Rosa L.
Connecticut · Jun 15, 2005
GORDON, BART
· Jun 15, 2005
Herseth Sandlin, Stephanie
· Jun 15, 2005
INSLEE, JAY
· Jun 15, 2005
 D
Lofgren, Zoe
California · Jun 15, 2005
 D
Pallone, Frank
New Jersey · Jun 15, 2005
 D
Wasserman Schultz, Debbie
Florida · Jun 15, 2005
 D
Baldwin, Tammy
Wisconsin · May 26, 2005
 D
Costa, Jim
California · May 26, 2005
HARMAN, JANE
· May 26, 2005
Mack, Connie
· May 26, 2005
MOORE, DENNIS
· May 26, 2005
 D
Schiff, Adam B.
California · May 26, 2005
 R
Smith, Christopher H.
New Jersey · May 26, 2005
CAMP, DAVE
· Apr 28, 2005
 R
Rogers, Harold
Kentucky · Apr 28, 2005
 R
Calvert, Ken
California · Apr 20, 2005
EHLERS, VERNON
· Apr 20, 2005
ETHERIDGE, BOB
· Apr 20, 2005
 R
McCaul, Michael T.
Texas · Apr 20, 2005
 D
McGovern, James P.
Massachusetts · Apr 20, 2005
 D
Sánchez, Linda T.
California · Apr 20, 2005
SNYDER, VICTOR
· Apr 20, 2005
SOUDER, MARK
· Apr 20, 2005
 R
Wicker, Roger F.
Mississippi · Apr 20, 2005
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1549: Renewing the Dream Tax Credit Act. 109th Congress. Open America. https://openamerica.io/bill/109-HR-1549/
MLA
"H.R. 1549: Renewing the Dream Tax Credit Act." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-1549/.
Bluebook (legal)
H.R. 1549, 109th Cong. (2026), https://openamerica.io/bill/109-HR-1549/.
Markdown link
[H.R. 1549: Renewing the Dream Tax Credit Act](https://openamerica.io/bill/109-HR-1549/)
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