A bill to amend the Internal Revenue Code of 1954 to permit certain cooperative housing corporations to replace conventional financing with tax-exempt financing.

1/1
Status In Committee
Sponsor Alfonse D’Amato
Citation 97-S-3095
Actions 3
Introduced Dec 13th, 1982
Cosponsors
Last Action Dec 15th, 1982
Policy Area
✓
Introduced Senate Dec 13
Senate
House
President
Enacted

Summary

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What this bill does

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Amends the Internal Revenue Code to exempt mortgage subsidy bond issues used to refinance mortgages on buildings used by qualified cooperative housing corporations from the three-year non-ownership, targeted areas, and original mortgages requirements of such bond issues.

Actions

3
Senate
INTRODUCED
INTRODUCED
Dec 13, 1982
ON FLOOR
REFERRED TO COMMITTEE
COMMITTEE
AGENCY COMMENT REQUEST
Dec 15, 1982
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