H.R. 3478 · 116th Congress

Affordable HOUSE Act

Stage
In committee
Sponsor
Joe Neguse
Introduced
2019-06-25
Latest action
2019-06-25 · Introduced in House

Summary

Affordable Housing Opportunities for Utilization, Sustainment, and Expansion Act of 2019 or the Affordable HOUSE Act

This bill amends the Internal Revenue Code, with respect to the low-income housing tax credit, to modify the basis limitation rules applicable to the acquisition of buildings in service within the previous 10 years.