US HB1142 | 2015-2016 | 114th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 26 2015 - 25% progression, died in committee
Action: 2015-02-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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. 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.

Tracking Information

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Title

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.

Sponsors

Rep. Patrick Tiberi [R-OH]Rep. Richard Neal [D-MA]Rep. Devin Nunes [R-CA]Rep. Bill Pascrell [D-NJ]
Rep. Erik Paulsen [R-MN]Rep. Charles Rangel [D-NY]Rep. James Renacci [R-OH]Rep. Ron Kind [D-WI]
Rep. Aaron Schock [R-IL]Rep. Jim McDermott [D-WA]Rep. Tom Reed [R-NY]Rep. John Larson [D-CT]
Rep. David Reichert [R-WA]Rep. Danny Davis [D-IL]Sen. Todd Young [R-IN]Rep. Mike Thompson [D-CA]
Rep. Earl Blumenauer [D-OR]Rep. Charles Boustany [R-LA]Rep. Luke Messer [R-IN]Rep. Kenny Marchant [R-TX]
Rep. Steve Stivers [R-OH]Rep. Keith Ellison [D-MN]Rep. Joyce Beatty [D-OH]Rep. Michael Turner [R-OH]
Rep. William Keating [D-MA]Rep. Mike Kelly [R-PA]Rep. Brett Guthrie [R-KY]Rep. Ryan Zinke [R-MT]
Rep. Randy Neugebauer [R-TX]Rep. Vern Buchanan [R-FL]Rep. David Jolly [R-FL]Rep. Tim Walberg [R-MI]
Rep. Richard Nolan [D-MN]Sen. Peter Welch [D-VT]Rep. Linda Sanchez [D-CA]Rep. Randy Hultgren [R-IL]
Rep. Jason Smith [R-MO]Rep. Juan Vargas [D-CA]Rep. Vicky Hartzler [R-MO]Rep. Bob Gibbs [R-OH]
Rep. Mark Amodei [R-NV]Rep. Alan Lowenthal [D-CA]Rep. Derek Kilmer [D-WA]Rep. Fred Upton [R-MI]
Rep. Robert Brady [D-PA]Rep. Joseph Kennedy [D-MA]Rep. Mark DeSaulnier [D-CA]Rep. Bennie Thompson [D-MS]
Rep. Joseph Crowley [D-NY]Rep. John Kline [R-MN]Rep. Garland Barr [R-KY]Rep. Peter Roskam [R-IL]
Rep. Bill Johnson [R-OH]Rep. Patrick Murphy [D-FL]Rep. Christopher Gibson [R-NY]Rep. Ann Kuster [D-NH]
Rep. John Lewis [D-GA]Rep. Zoe Lofgren [D-CA]Rep. Alcee Hastings [D-FL]Rep. Lynn Jenkins [R-KS]
Rep. Robert Dold [R-IL]Rep. Michael Fitzpatrick [R-PA]Rep. Suzan DelBene [D-WA]Rep. Susan Brooks [R-IN]
Rep. Timothy Walz [D-MN]Rep. Cheri Bustos [D-IL]Rep. Tulsi Gabbard [D-HI]Rep. Patrick Meehan [R-PA]
Rep. Betty McCollum [D-MN]Rep. David Price [D-NC]Rep. Lucille Roybal-Allard [D-CA]Rep. Marcia Fudge [D-OH]
Rep. Marcy Kaptur [D-OH]Rep. David Young [R-IA]Rep. Frank Guinta [R-NH]Rep. Julia Brownley [D-CA]
Rep. John Katko [R-NY]Rep. Brad Ashford [D-NE]Rep. Rodney Davis [R-IL]Rep. Ryan Costello [R-PA]
Rep. Ami Bera [D-CA]Rep. Lois Frankel [D-FL]Rep. John Shimkus [R-IL]Rep. Barbara Lee [D-CA]
Rep. Thomas MacArthur [R-NJ]Rep. Norma Torres [D-CA]Sen. Kyrsten Sinema [I-AZ]Rep. Al Green [D-TX]

History

DateChamberAction
2015-02-26HouseReferred to the House Committee on Ways and Means.
2015-02-26HouseIntroduced in House

Same As/Similar To

SB1193 (Same As) 2015-05-05 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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