S. 1180 · 110th Congress
Workforce Housing Construction for the GO Zone Act of 2007
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
LandrieuSponsorNo cosponsors.
Workforce Housing Construction for the GO Zone Act of 2007 - Amends the Internal Revenue Code to: (1) extend through 2010 the placed-in-service date requirement for buildings in the Gulf Opportunity Zone (GO Zone) for purposes of the low-income housing tax credit; (2) allow a low-income housing tax credit for buildings in the GO Zone, the Rita GO Zone, or…
What it does: CRS summary · Introduced in Senate · Apr 20, 2007
Workforce Housing Construction for the GO Zone Act of 2007 - Amends the Internal Revenue Code to: (1) extend through 2010 the placed-in-service date requirement for buildings in the Gulf Opportunity Zone (GO Zone) for purposes of the low-income housing tax credit; (2) allow a low-income housing tax credit for buildings in the GO Zone, the Rita GO Zone, or the Wilma GO Zone (GO Zones) during a specified 10-year period; (3) provide a basis adjustment for low-income housing projects in the GO Zones; (4) exclude Community Development Block Grant funds from consideration in determining whether GO Zone buildings are federally subsidized; and (5) modify certain rules relating to tax-exempt financing of GO Zone buildings.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Workforce Housing Construction for the GO Zone Act of 2007
Latest action (Apr 20, 2007): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4814-4815)
Policy area: Taxation · Origin: Senate · Introduced: Apr 20, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.