S. 859 · 109th Congress
Community Development Homeownership Tax Credit Act
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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.
17 cosponsors · 9 D, 8 R
R
Allard
JK
D
Kerry
PS
D
Sarbanes
DS
D
Stabenow
GS
R
Smith
LC
R
Chafee
BD
D
Dorgan
JI
R
Isakson
AS
R
Specter
DI
D
Inouye
DV
R
Vitter
FL
D
Lautenberg
BN
D
Nelson
JE
R
Ensign
MC
D
Cantwell
SC
R
Collins
BM
D
Menendez5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Community Development Homeownership Tax Credit Act - Amends the Internal Revenue Code to allow homebuilders and investors a general business tax credit for building or substantially rehabilitating residences for low and moderate-income individuals in certain areas, including a rural area, an Indian reservation, or an area of chronic economic distress.
What it does: CRS summary · Introduced in Senate · Apr 20, 2005
Community Development Homeownership Tax Credit Act - Amends the Internal Revenue Code to allow homebuilders and investors a general business tax credit for building or substantially rehabilitating residences for low and moderate-income individuals in certain areas, including a rural area, an Indian reservation, or an area of chronic economic distress. Sets forth rules for the calculation of such credit and its administration and allocation by the States.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Community Development Homeownership Tax Credit Act
Latest action (Apr 20, 2005): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Apr 20, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.