To amend the Internal Revenue Code of 1986 to clarify the eligibility of certain expenses for the low-income housing credit.

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Bill Number

HR 1928

Introduced

May 1, 2003

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Building construction Commerce Construction costs Fees Housing and Community Development Income tax Labor and Employment Low-income housing Professional fees Real estate development Social Welfare Tax credits Taxation

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Votes

Summary

Amends the Internal Revenue Code to include associated development costs in the basis of any building which is part of a low-income housing project when calculating the low-income housing credit.

Actions

May 1, 2003

Referred to the House Committee on Ways and Means.
May 1, 2003

Introduced in House

Amendments

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