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United States · Bill · HR

H.R. 4210 (112th)

Restore our Neighborhoods Act of 2012

referredUnited States· United States Congress· EN

Introduced

19 March 2012

Last action

26 April 2012 · Referred

Status

Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

Sponsors

Rep. LaTourette, Steven C. [R-OH-14], Rep. Fudge, Marcia L. [D-OH-11], Rep. Kucinich, Dennis J. [D-OH-10], Rep. Ryan, Tim [D-OH-13], Rep. Stivers, Steve [R-OH-15], Rep. Kildee, Dale E. [D-MI-5], Rep. Conyers, John, Jr. [D-MI-13], Rep. Sutton, Betty [D-OH-13], Rep. Clarke, Hansen [D-MI-13], Rep. Tiberi, Patrick J. [R-OH-12], Rep. Turner, Michael R. [R-OH-10], Rep. Dingell, John D. [D-MI-12], Sen. Peters, Gary C. [D-MI], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Sewell, Terri A. [D-AL-7], Rep. Davis, Danny K. [D-IL-7], Rep. Butterfield, G. K. [D-NC-1], Rep. Wilson, Frederica S. [D-FL-24]

Subjects

Housing, Taxation

Source updated

14 August 2025

Housing · Taxation

Summary

Restore our Neighborhoods Act of 2012 - Amends the Internal Revenue Code to establish a new category of tax credit bonds to be known as qualified urban demolition bonds. Allows the issuance of $4 billion of such bonds for the purpose of demolishing vacant, abandoned, and tax delinquent properties in urban areas. Provides for the allocation of $2 billion to all states to fund such demolition projects, and an additional $2 billion for certain other states that have greater numbers of vacant or foreclosed properties and higher unemployment rates (qualified states).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 19 March 2012

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 19 March 2012

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 19 March 2012

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 26 April 2012

    Referred

    Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 19 March 2012

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 19 March 2012

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 19 March 2012

    Open at official source

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Sponsors

Related records

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Sources

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