Low-Income Housing Preservation Act of 1995

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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Timeline

1. 3 February 1995

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 3 February 1995

   Introduced

   Sponsor introductory remarks on measure. (CR S2134)

   Source: IntroReferral

3. 3 February 1995

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 3 February 1995 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 3 February 1995

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 3 February 1995

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 3 February 1995

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Breaux, John B. [D-LA] · D · Sponsor
• Sen. Johnston, J. Bennett [D-LA] · D · Sponsor
• Sen. Simon, Paul [D-IL] · D · Sponsor
• Sen. Bumpers, Dale [D-AR] · D · Sponsor
• Sen. Dodd, Christopher J. [D-CT] · D · Cosponsor
• Sen. Cochran, Thad [R-MS] · R · Cosponsor
• Sen. Glenn, John H., Jr. [D-OH] · D · Cosponsor
• Sen. Lott, Trent [R-MS] · R · Cosponsor
• Sen. D'Amato, Alfonse [R-NY] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Low-Income Housing Preservation Act of 1995