Summary: H.R.3485 — 108th Congress (2003-2004)All Information (Except Text)

There is one summary for H.R.3485. Bill summaries are authored by CRS.

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Introduced in House (11/12/2003)

Affordable Housing Preservation Tax Relief Act of 2003 - Amends the Internal Revenue Code to establish an affordable housing credit for the qualified preservation sale or exchange of an eligible multifamily property to or with a preservation entity which agrees to maintain specified affordability and use restrictions regarding the property.