H.R.3290 - Affordable Housing Improvement Act of 1998105th Congress (1997-1998)
|Sponsor:||Rep. Johnson, Nancy L. [R-CT-6] (Introduced 02/26/1998)|
|Committees:||House - Ways and Means|
|Latest Action:||02/26/1998 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.3290 — 105th Congress (1997-1998)All Bill Information (Except Text)
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.