Neighborhood Homes Investment Act

Summary

Neighborhood Homes Investment Act This bill allows a business-related tax credit for certain development costs for the acquisition, rehabilitation, or remediation of qualified real property (i.e., real property affixed on a permanent foundation and comprised of four or fewer residential units, a condominium unit, or a house or apartment owned by a cooperative housing corporation). The bill also provides for the exclusion from gross income, for income tax purposes, of the value of any subsidy provided to a taxpayer by any state energy office for purposes of improvements made to a qualified residence.

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Timeline

1. 6 March 2023

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 6 March 2023

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 12 March 2024

   Committee

   Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-548.

   Source: Committee

4. 16 April 2024

   Committee

   Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held. With printed Hearing: S.Hrg. 118-555.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 6 March 2023 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 6 March 2023

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 6 March 2023

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 6 March 2023

  Open at official source

  Leesvertaling

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  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. Cardin, Benjamin L. [D-MD] · D · Sponsor
• Sen. Young, Todd [R-IN] · R · Sponsor
• Sen. Wyden, Ron [D-OR] · D · Sponsor
• Sen. Moran, Jerry [R-KS] · R · Sponsor
• Sen. Brown, Sherrod [D-OH] · D · Sponsor
• Sen. Coons, Christopher A. [D-DE] · D · Cosponsor
• Sen. Cortez Masto, Catherine [D-NV] · D · Cosponsor
• Sen. Capito, Shelley Moore [R-WV] · R · Cosponsor
• Sen. Cramer, Kevin [R-ND] · R · Cosponsor
• Sen. Warner, Mark R. [D-VA] · D · Cosponsor
• Sen. Graham, Lindsey [R-SC] · R · Cosponsor
• Sen. Hyde-Smith, Cindy [R-MS] · R · Cosponsor
• Sen. Durbin, Richard J. [D-IL] · D · Cosponsor
• Sen. Kaine, Tim [D-VA] · D · Cosponsor
• Sen. Marshall, Roger [R-KS] · R · Cosponsor
• Sen. Scott, Tim [R-SC] · R · Cosponsor
• Sen. Baldwin, Tammy [D-WI] · D · Cosponsor
• · ssbk00 · Standing
• · ssfi00 · Standing

Related records

• related to → DASH Act
• related to ← Neighborhood Homes Investment Act
• related to ← Revitalizing America’s Housing Act