[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 42 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                 H. R. 42

   To amend the Internal Revenue Code of 1986 to make the low-income 
                       housing credit permanent.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 5, 1993

  Mr. Rangel introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to make the low-income 
                       housing credit permanent.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. LOW-INCOME HOUSING CREDIT MADE PERMANENT.

    (a) General Rule.--Section 42 of the Internal Revenue Code of 1986 
is amended by striking subsection (o) (relating to termination).
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to periods after June 30, 1992.

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