3.0.0 4808 2022-11-01T04:17:46Z 2022-11-01T04:17:46Z House HR 2019-10-23 116 [Congressional Record Volume 165, Number 168 (Wednesday, October 23, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CLYBURN:H.R. 4808.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H8457]]]> hspw00 Transportation and Infrastructure Committee House Standing hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee Referred to 2019-10-23T20:04:46Z Referred to 2019-10-23T14:03:20Z hsba00 Financial Services Committee House Standing Referred to 2019-10-23T14:03:15Z hswm00 Ways and Means Committee House Standing Referred to 2019-10-23T14:03:10Z Housing, Opportunity, Mobility, and Equity Act of 2019 116 2684 S 2019-10-23 Read twice and referred to the Committee on Finance. Related bill CRS 2019-10-23 hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee 1 House committee actions Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. Committee 2019-10-23 Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2019-10-23 Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2019-10-23 Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2019-10-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-10-23 Introduced in House IntroReferral 1000 9 Library of Congress C000537 Rep. Clyburn, James E. [D-SC-6] JAMES CLYBURN D SC E. 6 N Housing and Community Development Administrative law and regulatory procedures Bank accounts, deposits, capital Congressional oversight Criminal justice information and records Department of the Treasury Economic development Government information and archives Government trust funds Housing and community development funding Housing supply and affordability Income tax credits Interest, dividends, interest rates Landlord and tenant Poverty and welfare assistance Property tax Rural conditions and development Tax administration and collection, taxpayers Transportation programs funding Housing and Community Development 00 2019-10-23 Introduced in House 2021-02-02T22:35:50Z Housing, Opportunity, Mobility, and Equity Act of 2019

This bill addresses zoning policies, housing affordability, and economic security.

Specifically, the bill requires each state or local government that receives a Community Development Block Grant from the Department of Housing and Urban Development or a Surface Transportation Block Grant from the Department of Transportation to develop and implement a strategy to support zoning policies or regulatory initiatives that create a more affordable, elastic, and diverse housing supply.

Additionally, the bill establishes a tax credit for individuals who spend more than 30% of their adjusted gross income on rent and requires the Department of the Treasury to make advance payments of this credit to eligible taxpayers who elect that option.

The bill also requires Treasury to establish a Rainy Day Savings Program to allow an eligible taxpayer to defer 20% of the amount that would otherwise be refunded to the taxpayer. Treasury must invest the deferred amount and later disburse that amount, along with any interest, to the taxpayer.

]]> Housing, Opportunity, Mobility, and Equity Act of 2019 Display Title Housing, Opportunity, Mobility, and Equity Act of 2019 Official Title as Introduced To require Community Development Block Grant and Surface Transportation Block Grant recipients to develop a strategy to support inclusive zoning policies, to allow for a credit to support housing affordability, and for other purposes. Introduced in House IH Short Title(s) as Introduced Housing, Opportunity, Mobility, and Equity Act of 2019 Introduced in House IH Introduced in House 2019-10-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr4808ih/xml/BILLS-116hr4808ih.xml 2019-10-23 Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. 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.