HR 3322 · 103th Congress · Taxation

Low-Income Housing Preservation Act of 1993

Introduced 1993-10-20· Sponsored by Rep. Jefferson, William J. [D-LA-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1993-10-20)

Plain Language Summary

[AI summary unavailable — showing source text] Low-Income Housing Preservation Act of 1993 - Amends the Internal Revenue Code to provide a 15-year recovery period for the depreciation deduction for new investments to rehabilitate qualified low-income housing projects. Exempts a specified amount of such rehabilitation costs from the passive loss limitations.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

19 Democrats1 Republican
Rep. Rangel, Charles B. [D-NY-15]NY
Rep. Ford, Harold E. [D-TN-9]TN
Rep. Lewis, John [D-GA-5]GA
Rep. Reynolds, Mel [D-IL-2]IL
Rep. Frost, Martin [D-TX-24]TX
Rep. Washington, Craig A. [D-TX-18]TX
Rep. Towns, Edolphus [D-NY-10]NY
Rep. Murphy, Austin J. [D-PA-20]PA
Rep. Klein, Herbert C. [D-NJ-8]NJ
Rep. Scott, Robert C. "Bobby" [D-VA-3]VA
Rep. Ackerman, Gary L. [D-NY-5]NY
Rep. Dixon, Julian C. [D-CA-32]CA
Rep. Payne, Donald M. [D-NJ-10]NJ
Rep. Fields, Cleo [D-LA-4]LA
Rep. Oberstar, James L. [D-MN-8]MN
Rep. Thompson, Bennie G. [D-MS-2]MS
Rep. Clay, William (Bill) [D-MO-1]MO
Rep. McCrery, Jim [R-LA-5]LA
Rep. Conyers, John, Jr. [D-MI-14]MI
Rep. McKinney, Cynthia A. [D-GA-11]GA