US SB1326 | 2009-2010 | 111th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 23 2009 - 25% progression, died in chamber
Action: 2009-06-23 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 23 2009 - 25% progression, died in chamber
Action: 2009-06-23 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Disaster State Housing Recovery Act of 2009 - Amends the American Recovery and Reinvestment Tax Act of 2009 with respect to grants for 2009 to a state housing credit agency for low-income housing projects in lieu of low-income housing credit allocations. Revises the formula for determining a state's low-income housing grant election amount to reflect any increase in the state housing credit ceiling for 2009 attributable to any such ceiling returned to the state in 2009 by reason of the additional low-income housing credit dollar amounts allocated by the state housing credit agency to buildings located in the Gulf Opportunity (GO) Zone (including the Hurricanes Katrina and Ike disaster areas in Alabama, Louisiana, or Mississippi). Requires application of the additional low-income housing credit amount for the GO Zone in the 2009 grant election formula without regard to certain special rules for small timber producers.
Title
Disaster State Housing Recovery Act of 2009
Sponsors
Sen. Evan Bayh [D-IN] | Sen. Christopher Bond [R-MO] | Sen. Thad Cochran [R-MS] | Sen. Richard Durbin [D-IL] |
Sen. Tom Harkin [D-IA] | Sen. Mike Johanns [R-NE] | Sen. Mary Landrieu [D-LA] | Sen. Blanche Lincoln [D-AR] |
Sen. Richard Lugar [R-IN] | Sen. Benjamin Nelson [D-NE] | Sen. Richard Shelby [R-AL] | Sen. David Vitter [R-LA] |
Sen. Roger Wicker [R-MS] |
History
Date | Chamber | Action |
---|---|---|
2009-06-23 | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2995 (Same As) 2009-06-23 - Referred to the House Committee on Financial Services.
Subjects
Alabama
Disaster relief and insurance
Housing and community development funding
Income tax credits
Louisiana
Low- and moderate-income housing
Mississippi
Natural disasters
Texas
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/senate-bill/1326/all-info |
Text | https://www.congress.gov/111/bills/s1326/BILLS-111s1326is.pdf |