legislation: 114-hr-6166

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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
114-hr-6166 114 hr 6166 Emergency East Chicago Housing Relief Act of 2016 Taxation 2016-09-26 2016-09-26 Referred to the House Committee on Ways and Means. House Rep. Young, Todd [R-IN-9] IN R Y000064 3 Emergency East Chicago Housing Relief Act of 2016 This bill provides an additional allocation of low-income housing tax credits for Indiana by increasing the state housing credit ceiling in 2017 and 2018. The bill requires the state housing credit ceiling for Indiana to be increased for 2017 and 2018 by the lesser of: (1) the aggregate housing credit dollar amount allocated for such calendar year by the state housing credit agency of Indiana to buildings located in Lake County, Indiana; or (2) the additional allocation amount calculated by multiplying $18 by the population of Lake County, Indiana. In the case of 2018, the additional allocation amount taken into account must be reduced by the amount of the increase in the state housing credit ceiling for 2017 that is required by this bill. 2023-01-11T13:33:43Z  

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