A bill to amend the Internal Revenue Code of 1986 to clarify the eligibility of certain expenses for the low-income housing credit.

Summary

Amends the Internal Revenue Code to include associated development costs in the basis of any building which is part of a low-income housing project when calculating the low-income housing credit.

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

Timeline

1. 22 May 2003

   Introduced

   Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7004)

   Source: IntroReferral

2. 22 May 2003

   Introduced

   Sponsor introductory remarks on measure. (CR S7003-7004)

   Source: IntroReferral

3. 22 May 2003

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 22 May 2003 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 22 May 2003

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 22 May 2003

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 22 May 2003

  Open at official source

Sponsors

• Sen. Graham, Bob [D-FL] · D · Sponsor
• Sen. Hatch, Orrin G. [R-UT] · R · Sponsor
• Rep. Jeffords, James M. [R-VT-At Large] · I · Sponsor
• Sen. Kerry, John F. [D-MA] · D · Cosponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.