HR 1549 · 109th Congress · Taxation

Renewing the Dream Tax Credit Act

Introduced 2005-04-12· Sponsored by Rep. Reynolds, Thomas M. [R-NY-26]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-04-12)

Plain Language Summary

[AI summary unavailable — showing source text] Renewing the Dream Tax Credit Act - Amends the Internal Revenue Code to allow homebuilders and investors a general business tax credit for building or substantially rehabilitating residences for low and moderate-income individuals in certain areas, including a rural area, an Indian reservation, or an area of chronic economic distress. Sets forth rules for the calculation of such credit and its administration and allocation by the States.…

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

Cosponsors (20)

7 Democrats13 Republicans
Rep. Cardin, Benjamin L. [D-MD-3]MD
Rep. Portman, Rob [R-OH-2]OH
Rep. Pryce, Deborah [R-OH-15]OH
Rep. English, Phil [R-PA-3]PA
Rep. Johnson, Nancy L. [R-CT-5]CT
Rep. Herger, Wally [R-CA-2]CA
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Hayworth, J. D. [R-AZ-5]AZ
Rep. Lewis, Ron [R-KY-2]KY
Rep. Foley, Mark [R-FL-16]FL
Rep. Brady, Kevin [R-TX-8]TX
Rep. Cantor, Eric [R-VA-7]VA
Rep. Hart, Melissa A. [R-PA-4]PA
Rep. Chocola, Chris [R-IN-2]IN
Rep. McDermott, Jim [D-WA-7]WA
Rep. Lewis, John [D-GA-5]GA
Rep. McNulty, Michael R. [D-NY-21]NY
Rep. Jefferson, William J. [D-LA-2]LA
Rep. Pomeroy, Earl [D-ND-At Large]ND
Rep. Thompson, Mike [D-CA-1]CA