Preservation Approval Process Improvement Act of 2007
Latest action · Jun 15, 2007 Became Public Law No: 110-35.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 26, 2007
- Passed HouseApr 24, 2007
- Passed SenateMay 24, 2007
- To the PresidentJun 6, 2007
- Became lawJun 15, 2007
Summary
(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)
Preservation Approval Process Improvement Act of 2007 - Directs the Secretary of Housing and Urban Development to suspend mandatory processing of Previous Participation Certificates under the Automated Partners Performance System and permit paper filings of such certificates until the Secretary: (1) revises the December 2006 draft of specified proposed regulations to eliminate unnecessary burdens and disincentives for program participants; and (2) submits such revised draft proposed regulations to certain congressional committees for review.
Instructs the Secretary also to suspend immediately all filing requirements under the Previous Participation Certificate process with respect to limited liability corporate investors who own or expect to own an interest in entities which are allowed or are expected to be allowed specified low-income housing tax credits under the Internal Revenue Code.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Mar 26, 2007 to Apr 20, 2007, with 2 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MA | Barney Frank | Original | Mar 26, 2007 |
| R-OH | Paul E. Gillmor | Original | Mar 26, 2007 |
| R-NC | Walter B. Jones | Mar 28, 2007 | |
| D-FL | Alcee L. Hastings | Apr 20, 2007 |
Actions 23
Everything that happened, newest first.
- Jun 15, 2007Became Public Law No: 110-35.
- Jun 15, 2007Signed by President.
- Jun 6, 2007Presented to President.
- May 25, 2007Message on Senate action sent to the House.
- May 24, 2007Cleared for White House.
Subjects
Assigned by the Library of Congress. Policy area: Housing and Community Development.
- Administrative procedure
- Affordable housing
- Apartment houses
- Commerce
- Congress
- Congressional oversight
- Congressional reporting requirements
- Corporation taxes
- Department of Housing and Urban Development
- Electronic data interchange
- Electronic government information
- Finance and Financial Sector
- Government Operations and Politics
- Government paperwork
- Housing and Community Development
- Housing subsidies
- Income tax
- Investors
- Law
- Low-income housing
- Real estate business
- Rental housing
- Science, Technology, Communications
- Social Welfare
- Tax credits
- Taxation
Text 6
Each version as it was printed, newest first.
- —Enrolled Bill
- May 17, 2007Reported to Senate
- Apr 25, 2007Referred in Senate
- Apr 24, 2007Engrossed in House
- Apr 23, 2007Reported in House
- Mar 26, 2007Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.