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United States · Bill · HR

H.R. 3716 (109th)

To amend the Internal Revenue Code of 1986 to clarify the mortgage subsidy bond benefits for residences located in disaster areas.

referredUnited States· United States Congress· EN

Introduced

8 September 2005

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Amends the Internal Revenue Code to revise mortgage revenue bond rules for the financing of home improvement loans for residences in disaster areas. Increases the limitation on such loans from $15,000 to $150,000. Waives certain income requirements for such loans and the three-year replacement requirement for residences destroyed in a disaster.

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Documents

3 official files

Introduced in House (text)

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