HR 78 · 98th 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 1983-01-03· Sponsored by Rep. Biaggi, Mario [D-NY-19]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1983-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow refinancing by qualified cooperative housing corporations with tax-exempt (interest excluded from gross income) mortgage subsidy bond proceeds.…

Summarized by Claude AI · Non-partisan · For informational purposes only