Summary: H.R.3290 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for H.R.3290. Bill summaries are authored by CRS.

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Introduced in House (02/26/1998)

Affordable Housing Improvement Act of 1998 - Amends the Internal Revenue Code to increase, and link to the cost-of-living adjustment, the State low-income housing credit ceiling.

Modifies provisions concerning: (1) the criteria for allocating housing credits among projects; (2) the responsibilities of housing credit agencies; and (3) the basis of a credit-eligible building.