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.

Introduced 1982-12-13· Sponsored by Sen. D'Amato, Alfonse [R-NY]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1982-12-15)

Plain Language Summary

[AI summary unavailable — showing source text] 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