US SB3243 | 2011-2012 | 112th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on May 24 2012 - 25% progression, died in committee
Action: 2012-05-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 24 2012 - 25% progression, died in committee
Action: 2012-05-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Irene and Lee Tax Relief Storm Recovery Act - Amends the Internal Revenue Code to allow an increase in 2012, 2013, and 2014 of the amount of the low-income housing tax credit that may be allocated in states containing counties covered by the natural disaster declaration of the Secretary of Agriculture in 2011 due to damage from Hurricane Irene or Tropical Storm Lee.
Title
Irene and Lee Tax Relief Storm Recovery Act
Sponsors
| Sen. Kirsten Gillibrand [D-NY] | Sen. Richard Blumenthal [D-CT] | Sen. Frank Lautenberg [D-NJ] | Sen. Patrick Leahy [D-VT] |
| Sen. Robert Menendez [D-NJ] | Sen. Bernard Sanders [I-VT] | Sen. Charles Schumer [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-05-24 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3769 (Same As) 2012-01-10 - Referred to the House Committee on Ways and Means.
Subjects
Disaster relief and insurance
Income tax credits
Low- and moderate-income housing
Natural disasters
Taxation
Income tax credits
Low- and moderate-income housing
Natural disasters
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/3243/all-info |
| Text | https://www.congress.gov/112/bills/s3243/BILLS-112s3243is.pdf |
