US SB1193 | 2015-2016 | 114th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 22-5-2)
Status: Introduced on May 5 2015 - 25% progression, died in committee
Action: 2015-05-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 5 2015 - 25% progression, died in committee
Action: 2015-05-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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. 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.
Title
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.
Sponsors
| Sen. Maria Cantwell [D-WA] | Sen. Pat Roberts [R-KS] | Sen. Mike Crapo [R-ID] | Sen. Al Franken [D-MN] |
| Sen. Elizabeth Warren [D-MA] | Sen. Robert Menendez [D-NJ] | Sen. Sheldon Whitehouse [D-RI] | Sen. Charles Schumer [D-NY] |
| Sen. Jeanne Shaheen [D-NH] | Sen. Mazie Hirono [D-HI] | Sen. Kirsten Gillibrand [D-NY] | Sen. Benjamin Cardin [D-MD] |
| Sen. Patrick Leahy [D-VT] | Sen. Amy Klobuchar [D-MN] | Sen. Barbara Boxer [D-CA] | Sen. Angus King [I-ME] |
| Sen. Cory Booker [D-NJ] | Sen. Patty Murray [D-WA] | Sen. Richard Blumenthal [D-CT] | Sen. Dianne Feinstein [D-CA] |
| Sen. Bernard Sanders [I-VT] | Sen. Debbie Stabenow [D-MI] | Sen. Brian Schatz [D-HI] | Sen. Susan Collins [R-ME] |
| Sen. Thad Cochran [R-MS] | Sen. Jeff Merkley [D-OR] | Sen. Gary Peters [D-MI] | Sen. Heidi Heitkamp [D-ND] |
| Sen. Roger Wicker [R-MS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-05-05 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB1142 (Same As) 2015-02-26 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/1193/all-info |
| Text | https://www.congress.gov/114/bills/s1193/BILLS-114s1193is.pdf |
