S. 1318 - Affordable Housing Preservation Act of 2007
- Sponsor:
- Charles Schumer
- Summary:
- A bill to amend the Internal Revenue Code of 1986 to provide an incentive to preserve affordable housing in multifamily housing units which are sold or exchanged. (by CRS)
- Status:
- The bill has been introduced.
Affordable Housing Preservation Act of 2007
S. 1318 — 110th Congress (2007–2008)
- Summary
- A bill to amend the Internal Revenue Code of 1986 to provide an incentive to preserve affordable housing in multifamily housing units which are sold or exchanged. (by CRS)
- Learn More
- At OpenCongress
- Title
- A bill to amend the Internal Revenue Code of 1986 to provide an incentive to preserve affordable housing in multifamily housing units which are sold or exchanged.
- Other Titles
- Affordable Housing Preservation Act of 2007
- Sponsor
- Charles Schumer
- Co-Sponsors
- Subjects
- Taxation
- Affordable housing
- Apartment houses
- Business
- Capital gains tax
- Depreciation and amortization
- Housing
- Income tax
- Residential rehabilitation
- Tax exclusion
- Tax rates
- Related Bills
- Major Actions
Introduced 5/07/2007 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 5/07/2007 5/07/2007 Read twice and referred to the Committee on Finance. Number Sponsor Date Offered Status
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Contributions data source: OpenSecrets.org
