United States · Bill · S
S. 354 (104th)
Low-Income Housing Preservation Act of 1995
Introduced
3 February 1995
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
21 August 2025
Summary
Low-Income Housing Preservation Act of 1995 - 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 $50,000 ($25,000 in the case of a separate return by a married individual) of such rehabilitation costs from the passive loss limitations. Provides a special rule for computing the depreciation deduction for such housing projects.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 3 February 1995
Introduced in Senate (PDF)
Introduced in Senate · EN · 3 February 1995
Introduced in Senate
summary · EN · 3 February 1995
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/104th-congress/senate-bill/354
- Open data entity: https://api.congress.gov/v3/bill/104/s/354