US HB2887 | 2009-2010 | 111th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 16 2009 - 25% progression, died in committee
Action: 2009-06-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 16 2009 - 25% progression, died in committee
Action: 2009-06-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Affordable Housing Preservation Tax Relief Act of 2009 - Amends the Internal Revenue Code to exclude from gross income gain from the sale or exchange of certain multifamily housing property to a housing credit agency or related organization (preservation entity) that agrees to maintain certain affordability and use restrictions for such property. Limits the excludable amount of such gain to the depreciation adjustments for such property.
Title
Affordable Housing Preservation Tax Relief Act of 2009
Sponsors
| Rep. Artur Davis [D-AL] | Rep. Geoff Davis [R-KY] | Rep. Ron Paul [R-TX] | Rep. Thomas Perriello [D-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-06-16 | Referred to the House Committee on Ways and Means. |
Subjects
Capital gains tax
Housing finance and home ownership
Housing supply and affordability
Income tax exclusion
Taxation
Housing finance and home ownership
Housing supply and affordability
Income tax exclusion
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/2887/all-info |
| Text | https://www.congress.gov/111/bills/hr2887/BILLS-111hr2887ih.pdf |
