Summary: S.3243 — 112th Congress (2011-2012)All Information (Except Text)

There is one summary for S.3243. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (05/24/2012)

Irene and Lee Tax Relief Storm Recovery Act - Amends the Internal Revenue Code to allow an increase in 2012, 2013, and 2014 of the amount of the low-income housing tax credit that may be allocated in states containing counties covered by the natural disaster declaration of the Secretary of Agriculture in 2011 due to damage from Hurricane Irene or Tropical Storm Lee.