S 3243
112th Congress
Senate
Taxation
Disaster relief and insurance
Income tax credits
Low- and moderate-income housing
Natural disasters
Irene and Lee Tax Relief Storm Recovery Act
Introduced: May 24, 2012
Introduced by:
Gillibrand, Kirsten E.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 24, 2012
Read twice and referred to the Committee on Finance.
May 24, 2012
Introduced in Senate
Plain-English summary
Irene and Lee Tax Relief Storm Recovery Act - Amends the Internal Revenue Code to allow an increase in 2012, 2013, and 2014 of the amount of the low-income housing tax credit that may be allocated in states containing counties covered by the natural disaster declaration of the Secretary of Agriculture in 2011 due to damage from Hurricane Irene or Tropical Storm Lee.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1