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United States · Bill · S

S. 1986 (103rd)

Low-Income Housing Preservation Act of 1994

referredUnited States· United States Congress· EN

Introduced

25 March 1994

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Low-Income Housing Preservation Act of 1994 - Amends the Internal Revenue Code to provide a 15-year recovery period for the depreciation deduction for new investments to rehabilitate qualified low-income housing projects. Exempts a specified amount of such rehabilitation costs from the passive loss limitations.

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Documents

3 official files

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Sources

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