Bill114th CongressFiled May 5, 2015Taxation
S. 1193
A bill to amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit program.
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (May 5, 2015)
Amends the Internal Revenue Code, with respect to the low-income housing tax credit, to make permanent the minimum 9% credit rate for new buildings that are not federally-subsidized and to establish a minimum 4% credit rate for existing buildings that are not federally-subsidized.
What just happenedMay 5, 2015
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Cantwell, Maria [D-WA](D-WA)Sponsor
28 cosponsors21 D5 R2 I
28cosponsors1committees2actions1related bills3subjects
- Introduced in SenateMay 5, 2015
- May 5, 2015IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - May 5, 2015IntroReferral10000
Introduced in Senate