To amend the Internal Revenue Code of 1986 to provide that the proceeds of qualified mortgage bonds may be used to provide refinancing for subprime loans, to provide a temporary increase in the volume cap for qualified mortgage bonds used to provide that refinancing, and for other purposes.

3.0.0 2574 2023-01-11T13:15:10Z 2023-01-11T13:15:10Z Senate S S 2008-01-30 110 ssfi00 Finance Committee Senate Standing Referred to 2008-01-30T19:08:27Z To amend the Internal Revenue Code of 1986 to provide that the proceeds of qualified mortgage bonds may be used to provide refinancing for subprime loans, to provide a temporary increase in the volume cap for qualified mortgage bonds used to provide that refinancing, and for other purposes. 110 5239 HR 2008-02-06 Referred to the House Committee on Ways and Means. Related bill CRS A bill to amend the Internal Revenue Code of 1986 to provide that the proceeds of qualified mortgage bonds may be used to provide refinancing for subprime loans, to provide a temporary increase in the volume cap for qualified mortgage bonds, and for other purposes. 110 2517 S 2007-12-18 Read twice and referred to the Committee on Finance. Related bill CRS 2008-01-30 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2008-01-30 Introduced in Senate IntroReferral 10000 9 Library of Congress C001041 Sen. Clinton, Hillary Rodham [D-NY] HILLARY CLINTON D NY R N Taxation Bonds Finance and Financial Sector Housing and Community Development Income tax Mortgages Tax exemption Taxation

00 2008-01-30 Introduced in Senate 2008-02-25T22:28:01Z Mortgage Refinancing Initiative Act of 2008 - Amends the Internal Revenue Code to: (1) allow, until December 31, 2009, proceeds of qualified mortgage bonds to be used to refinance an existing mortgage; and (2) increase in 2008 and 2009 the national limitation amount for such bonds.

]]>

Mortgage Refinancing Initiative Act of 2008 Display Title Mortgage Refinancing Initiative Act of 2008 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to allow the use of qualified mortgage revenue bonds for refinancing mortgages and to provide a temporary increase in the volume cap for such bonds. Introduced in Senate IS Short Titles as Introduced Mortgage Refinancing Initiative Act of 2008 Introduced in Senate 2008-01-30T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2574is/xml/BILLS-110s2574is.xml 2008-01-30 Read twice and referred to the Committee on Finance. 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.