legislation: 101-s-3145

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
101-s-3145 101 s 3145 A bill to amend the Internal Revenue Code of 1986 to permanently extend qualified mortgage bonds and low-income housing credit, and for other purposes. Taxation 1990-09-28 1990-09-28 Read twice and referred to the Committee on Finance. Senate Sen. Akaka, Daniel K. [D-HI] HI D A000069 1 Amends the Internal Revenue Code to permanently extend the period during which qualified mortgage bonds and mortgage credit certificates may be issued. (Under current law, authority for these programs is due to expire as of 1990.) Modifies the method of determining high housing cost areas. Provides for the permanent extension of the low-income housing credit. Modifies the determination of the eligible basis of any building in a difficult development area to include the adjusted basis of the real property upon which the building is located. Revises the formula for allocating unused housing credit carryovers among qualified States. 2025-01-14T18:59:41Z  

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