Combating the Housing Supply Shortage Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9862 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9862 To amend the Internal Revenue Code of 1986 to allow for the reallocation of unused volume cap for private activity bonds for qualified residential rental projects. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 27, 2024 Ms. Crockett (for herself and Ms. Lee of California) 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 allow for the reallocation of unused volume cap for private activity bonds for qualified residential rental projects. 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 ``Combating the Housing Supply Shortage Act of 2024''. SEC. 2. REALLOCATION OF UNUSED VOLUME CAP FOR PRIVATE ACTIVITY BONDS FOR QUALIFIED RESIDENTIAL RENTAL PROJECTS. (a) In General.--Section 146 of …