Search Results for keywords:"private activity bonds"

Search Results: keywords:"private activity bonds"

H. R. 8900 — To amend the Internal Revenue Code of 1986 to allow taxpayers to extend the compliance period of the low-income housing credit to receive additional credits.
June 28, 2024
Status:Introduced in House
Congress:118
Words:712
H.R. 8900, known as the "Keep Housing Affordable Act of 2024," proposes changes to the Internal Revenue Code of 1986 to help support low-income housing. It allows taxpayers to extend the period during which they must comply with the requirements of the low-income housing credit, enabling them...
Simple Explanation
H.R. 8900 is a plan to help people find affordable homes by letting builders keep homes affordable for a longer time in exchange for special money benefits, like extra tax credits. It also allows some loans to help pay for these homes without breaking certain rules.
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.
September 27, 2024
Status:Introduced in House
Congress:118
Words:1,130
H.R. 9862, also known as the "Combating the Housing Supply Shortage Act of 2024," aims to amend the Internal Revenue Code of 1986. The bill allows for the reallocation of unused volume cap for private activity bonds specifically for qualified residential rental projects. This...
Simple Explanation
H.R. 9862 is a plan to use extra money left over from certain state projects to help build more places for people to live. It makes sure states tell the government about these projects so they can share this money fairly.

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