H.R. 3716 · 109th Congress
To amend the Internal Revenue Code of 1986 to clarify the mortgage subsidy bond benefits for residences…
Full title
To amend the Internal Revenue Code of 1986 to clarify the mortgage subsidy bond benefits for residences located in disaster areas.
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
RamstadSponsorNo cosponsors.
Amends the Internal Revenue Code to revise mortgage revenue bond rules for the financing of home improvement loans for residences in disaster areas. Increases the limitation on such loans from $15,000 to $150,000. Waives certain income requirements for such loans and the three-year replacement requirement for residences destroyed in a disaster.
What it does: CRS summary · Introduced in House · Sep 8, 2005
Amends the Internal Revenue Code to revise mortgage revenue bond rules for the financing of home improvement loans for residences in disaster areas. Increases the limitation on such loans from $15,000 to $150,000. Waives certain income requirements for such loans and the three-year replacement requirement for residences destroyed in a disaster.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Internal Revenue Code of 1986 to clarify the mortgage subsidy bond benefits for residences located in disaster areas.
Latest action (Sep 8, 2005): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Sep 8, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.