A bill to amend the Internal Revenue Code of 1986 to modify the low-income housing credit and to reauthorize and reform the Generalized System of Preferences, and for other purposes.

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4915 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4915 To amend the Internal Revenue Code of 1986 to modify the low-income housing credit and to reauthorize and reform the Generalized System of Preferences, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 31, 2024 Ms. Cantwell introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to modify the low-income housing credit and to reauthorize and reform the Generalized System of Preferences, 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. TABLE OF CONTENTS. The table of contents for this Act is as follows: Sec. 1. Table of contents. TITLE I--AFFORDABLE HOUSING Sec. 101. State housing credit ceiling increase for low-income housing credit. Sec. 102. Tax-exempt bond financing requirement. TIT…