United States · Bill · S
S. 2962 (114th)
Affordable Housing Credit Improvement Act of 2016
Introduced
19 May 2016
Last action
19 May 2016 · Introduced
Status
Read twice and referred to the Committee on Finance.
Sponsors
Sen. Cantwell, Maria [D-WA], Sen. Hatch, Orrin G. [R-UT], Sen. Schumer, Charles E. [D-NY], Sen. Wyden, Ron [D-OR], Sen. Ayotte, Kelly [R-NH], Sen. Klobuchar, Amy [D-MN], Sen. Murkowski, Lisa [R-AK], Sen. Merkley, Jeff [D-OR], Sen. Collins, Susan M. [R-ME], Sen. Boxer, Barbara [D-CA], Sen. Cassidy, Bill [R-LA], Sen. Sanders, Bernard [I-VT], Sen. Portman, Rob [R-OH], Sen. Leahy, Patrick J. [D-VT], Sen. Schatz, Brian [D-HI]
Subjects
Housing, Taxation
Source updated
12 August 2025
Summary
Affordable Housing Credit Improvement Act of 2016 This bill amends the Internal Revenue Code, with respect to the low-income housing tax credit, to: (1) expand the credit by increasing the state housing credit ceiling, (2) modify the cost-of-living adjustment required for the state housing credit ceiling, (3) establish a new average income test which may be used to determine if a low-income housing project qualifies for the credit, and (4) establish a minimum credit rate of 4% for certain new or existing buildings.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
19 May 2016
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
19 May 2016
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 19 May 2016 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 19 May 2016
Introduced in Senate (PDF)
Introduced in Senate · EN · 19 May 2016
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Introduced in Senate
summary · EN · 19 May 2016
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Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
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Sponsors
- Sen. Cantwell, Maria [D-WA] · D · Sponsor
- Sen. Hatch, Orrin G. [R-UT] · R · Sponsor
- Sen. Schumer, Charles E. [D-NY] · D · Sponsor
- Sen. Wyden, Ron [D-OR] · D · Sponsor
- Sen. Ayotte, Kelly [R-NH] · R · Cosponsor
- Sen. Klobuchar, Amy [D-MN] · D · Cosponsor
- Sen. Murkowski, Lisa [R-AK] · R · Cosponsor
- Sen. Merkley, Jeff [D-OR] · D · Cosponsor
- Sen. Collins, Susan M. [R-ME] · R · Cosponsor
- Sen. Boxer, Barbara [D-CA] · D · Cosponsor
- Sen. Cassidy, Bill [R-LA] · R · Cosponsor
- Sen. Sanders, Bernard [I-VT] · I · Cosponsor
- Sen. Portman, Rob [R-OH] · R · Cosponsor
- Sen. Leahy, Patrick J. [D-VT] · D · Cosponsor
- Sen. Schatz, Brian [D-HI] · D · Cosponsor
- · ssfi00 · Standing
Related records
- related to ← Affordable Housing Credit Improvement Act of 2016
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/114th-congress/senate-bill/2962
- Open data entity: https://api.congress.gov/v3/bill/114/s/2962
- us · 114-s-2962 · source updated 12 August 2025