Workforce Housing Tax Credit Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 6686 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 6686 To amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 7, 2023 Mr. Panetta (for himself and Mr. Carey) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Workforce Housing Tax Credit Act''. SEC. 2. SENSE OF CONGRESS RELATING TO THE MIDDLE-INCOME HOUSING TAX CREDIT. It is the sense of Congress that-- (1) the middle-income housing tax credit under section 42 of the Internal Revenue Code of 1986 is a critically important Federal Government policy tool to encourage…