S 1989
112th Congress
Senate
Taxation
Income tax credits
Low- and moderate-income housing
A bill to amend the Internal Revenue Code of 1986 to make permanent the minimum low-income housing tax credit rate for unsubsidized buildings and to provide a minimum 4 percent credit rate for existing buildings.
Introduced: December 14, 2011
Introduced by:
Cantwell, Maria
Democratic
· Washington
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
Read twice and referred to the Committee on Finance.
Dec 14, 2011
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to: (1) make permanent the the minimum low-income housing tax credit rate for new buildings that are not federally subsidized, and (2) establish a minimum 4% low-income housing tax rate for existing buildings that are not federally subsidized.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1