S. 1442 · 113th Congress

Improving the Low Income Housing Tax Credit Rate Act

Stage
In committee
Introduced
2013-08-01
Latest action
2013-08-01 · Introduced in Senate

Summary

Improving the Low Income Housing Tax Credit Rate Act - Amends the Internal Revenue Code to: (1) make permanent the the minimum low-income housing tax credit rate for new buildings that are not federally subsidized, and (2) establish a minimum 4% low-income housing tax rate for existing buildings that are not federally subsidized.