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This page contains bill sponsorships in the Senate and House.
Bill sponsorships indicate the topics that legislators are most interested in, and spend the most time on.
03-S875
on Apr 10, 2003
Amends the Internal Revenue Code to permit a community homeownership tax credit based upon an applicable percentage of each qualified residence's eligible basis. Makes such credit available to residences (including factory built homes) located:- in a census tract with a median gross income not exceeding 80 percent of the greater area or statewide median gross income;
- in a rural area;
- on an Indian reservation; or
- in an area of chronic economic distress.
Prohibits a buyer's income from exceeding 80 percent (70 percent for families of less than three) of the area gross median income and requires owner occupancy.
- Topic: Welfare & Poverty
- Headline: Tax credits to promite home ownership in distressed areas
- Key for participation codes:
- Sponsorships: p=sponsored; o=co-sponsored; s=signed
- Memberships: c=chair; m=member; e=endorsed; f=profiled; s=scored
- Resolutions: i=introduced; w=wrote; a=adopted
- Cases: w=wrote; j=joined; d=dissented; c=concurred
Independents
participating in 03-S875 |
| Jim Jeffords |
s1o | VT Independent Jr Senator |
Total recorded by OnTheIssues:
Democrats:
28
Republicans:
16
Independents:
1 |
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