HR 3661
112th Congress
House
Taxation
Income tax credits
Low- and moderate-income housing
Real estate business
To amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit program.
Introduced: December 14, 2011
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 14, 2011
Referred to the House Committee on Ways and Means.
Dec 14, 2011
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to: (1) make permanent the low-income housing tax rate for new buildings that are not federally subsidized, and (2) establish a minimum 4% low-income tax credit rate for existing buildings that are not federally subsidized.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1