Summary: H.R.3478 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.3478. Bill summaries are authored by CRS.

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Introduced in House (06/25/2019)

Affordable Housing Opportunities for Utilization, Sustainment, and Expansion Act of 2019 or the Affordable HOUSE Act

This bill amends the Internal Revenue Code, with respect to the low-income housing tax credit, to modify the basis limitation rules applicable to the acquisition of buildings in service within the previous 10 years.