S 3095 · 97th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to permit certain cooperative housing corporations to replace conventional financing with tax-exempt financing.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB; Treasury Department.(1982-12-15)
Plain Language Summary
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Amends the Internal Revenue Code to exempt mortgage subsidy bond issues used to refinance mortgages on buildings used by qualified cooperative housing corporations from the three-year non-ownership, targeted areas, and original mortgages requirements of such bond issues.…
Summarized by Claude AI · Non-partisan · For informational purposes only