3.0.0 4873 2023-01-13T04:48:59Z 2023-01-13T04:48:59Z House H HR 2006-03-02 109 hswm00 Ways and Means Committee House Standing Referred to 2006-03-02T15:05:10Z 2006-03-02 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2006-03-02 Introduced in House IntroReferral Intro-H 9 Library of Congress 2006-03-02 Introduced in House IntroReferral 1000 9 Library of Congress R000033 Rep. Ramstad, Jim [R-MN-3] JIM RAMSTAD R MN 3 N P000323 Rep. Pickering, Charles W. "Chip" [R-MS-3] CHARLES PICKERING R MS W. 3 2006-03-09 False M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 2006-03-09 False M001149 Rep. Michaud, Michael H. [D-ME-2] Michael Michaud D ME H. 2 2006-03-14 False H001037 Rep. Herseth, Stephanie [D-SD-At Large] Stephanie Herseth D SD 0 2006-04-04 False P000258 Rep. Peterson, Collin C. [D-MN-7] COLLIN PETERSON D MN C. 7 2006-04-05 False F000262 Rep. Ford, Harold E., Jr. [D-TN-9] HAROLD FORD D TN E. 9 2006-04-25 False L000559 Rep. Langevin, James R. [D-RI-2] JAMES LANGEVIN D RI R. 2 2006-05-17 False H000413 Rep. Hayworth, J. D. [R-AZ-5] J. HAYWORTH R AZ D. 5 2006-05-18 False T000459 Rep. Terry, Lee [R-NE-2] LEE TERRY R NE 2 2006-05-18 False M001143 Rep. McCollum, Betty [D-MN-4] BETTY MCCOLLUM D MN 4 2006-05-19 False K000113 Rep. Kennedy, Patrick J. [D-RI-1] PATRICK KENNEDY D RI J. 1 2006-06-06 False G000309 Rep. Gordon, Bart [D-TN-6] BART GORDON D TN 6 2006-06-12 False E000187 Rep. English, Phil [R-PA-3] PHIL ENGLISH R PA 3 2006-06-22 False R000011 Rep. Rahall, Nick J., II [D-WV-3] NICK RAHALL D WV J. 3 2006-06-22 False D000599 Rep. Davis, Lincoln [D-TN-4] Lincoln Davis D TN 4 2006-06-27 False N000015 Rep. Neal, Richard E. [D-MA-2] RICHARD NEAL D MA E. 2 2006-06-28 False S001148 Rep. Simpson, Michael K. [R-ID-2] MICHAEL SIMPSON R ID K. 2 2006-06-29 False D000597 Rep. Davis, Jo Ann [R-VA-1] JO ANN DAVIS R VA 1 2006-07-11 False O000006 Rep. Oberstar, James L. [D-MN-8] JAMES OBERSTAR D MN L. 8 2006-07-12 False S000005 Rep. Sabo, Martin Olav [D-MN-5] MARTIN SABO D MN OLAV 5 2006-07-17 False M001140 Rep. Moore, Dennis [D-KS-3] DENNIS MOORE D KS 3 2006-07-24 False J000070 Rep. Jefferson, William J. [D-LA-2] WILLIAM JEFFERSON D LA J. 2 2006-07-24 False C001046 Rep. Cantor, Eric [R-VA-7] ERIC CANTOR R VA 7 2006-07-24 False C000141 Rep. Cardin, Benjamin L. [D-MD-3] Ben Cardin D MD 3 2006-07-25 False G000549 Rep. Gerlach, Jim [R-PA-6] Jim Gerlach R PA 6 2006-07-25 False E000287 Rep. Emanuel, Rahm [D-IL-5] Rahm Emanuel D IL 5 2006-07-25 False H000712 Rep. Holden, Tim [D-PA-17] TIM HOLDEN D PA 17 2006-07-28 False S001150 Rep. Schiff, Adam B. [D-CA-29] ADAM SCHIFF D CA B. 29 2006-07-28 False O000165 Rep. Osborne, Tom [R-NE-3] TOM OSBORNE R NE 3 2006-07-28 False B001246 Rep. Bradley, Jeb [R-NH-1] Jeb Bradley R NH 1 2006-09-06 False S000185 Rep. Scott, Robert C. "Bobby" [D-VA-3] Robert Scott D VA C. "Bobby" 3 2006-09-06 False O000166 Rep. Otter, C. L. (Butch) [R-ID-1] C. L. OTTER R ID 1 2006-09-06 False M001163 Rep. Matsui, Doris O. [D-CA-5] Doris Matsui D CA O. 5 2006-09-06 False B000072 Rep. Baker, Richard H. [R-LA-6] RICHARD BAKER R LA H. 6 2006-09-06 False B000657 Rep. Boucher, Rick [D-VA-9] RICK BOUCHER D VA 9 2006-09-12 False D000482 Rep. Doyle, Michael F. [D-PA-14] MIKE DOYLE D PA 14 2006-09-25 False L000287 Rep. Lewis, John [D-GA-5] JOHN LEWIS D GA 5 2006-09-26 False L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 2006-09-27 False A000357 Rep. Allen, Thomas H. [D-ME-1] THOMAS ALLEN D ME H. 1 2006-12-05 False Taxation Affordable housing Armed Forces and National Security Building construction Collection of accounts Commerce Disasters Displaced homemakers Displaced persons Education Elementary and secondary education Emergency Management Families Finance and Financial Sector Government Operations and Politics Government paperwork Higher education Housing and Community Development Housing finance Housing subsidies Income tax Interest Law Liability (Law) Limitation of actions Low-income housing Minimum tax Mortgages Rental housing Residential rehabilitation Single-parent families Social Welfare Soldiers' homes Students Tax credits Tax penalties Tax returns Tax-exempt securities Taxation

00 2006-03-02 Introduced in House 2006-04-01T17:46:00Z Amends the Internal Revenue Code to: (1) rename the low-income housing tax credit as the affordable housing credit; (2) revise the applicable percentage rates for the credit; (3) increase the credit for low-income buildings that are part of state-designated projects; (4) allow the credit for buildings eligible for moderate rehabilitation assistance under the U.S. Housing Act of 1937; (5) repeal certain repayment requirements for qualified mortgage revenue bond issues; (6) qualify displaced homemakers, single parents, and certain disaster victims for mortgage revenue bond-financed first-time home loans; (7) repeal rules requiring recapture of income from sales of low-income buildings that are reasonably expected to be operated on a low-income basis; (8) impose recapture reporting requirements on owners of qualified low-income buildings eligible for housing credits; (9) exempt affordable housing tax credit amounts from the alternative minimum tax; and (10) exempt interest on certain exempt private activity bonds, qualified mortgage revenue bonds, qualified veterans' mortgage bonds, and certain exempt facility bonds used for residential rental projects from the alternative minimum tax.

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Display Title Official Title as Introduced Introduced in House IH Introduced in House 2006-03-02T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr4873ih/xml/BILLS-109hr4873ih.xml 2006-03-02 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.