HR 284 · 108th Congress · Taxation

Housing Bond and Credit Modernization and Fairness Act of 2003

Introduced 2003-01-08· Sponsored by Rep. Houghton, Amo [R-NY-29]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-01-08)

Plain Language Summary

[AI summary unavailable — showing source text] Housing Bond and Credit Modernization and Fairness Act of 2003 - Amends the Internal Revenue Code to: (1) repeal the required use of certain principal repayments on mortgage subsidy bond financings to redeem bonds; (2) modify the purchase price limitation under mortgage subsidy bond rules based on median family income; and (3) define the term "area median gross income" for low-income housing credit projects.…

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

Cosponsors (20)

13 Democrats6 Republicans1 Independent