HR9788-118

Introduced

To amend the Internal Revenue Code of 1986 to disregard veteran disability compensation or pension payments in determining income for purposes of the low income housing tax credit and qualified residential rental project bonds.

118th Congress Introduced Sep 24, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to disregard veteran disability compensation or pension payments in determining income for purposes of the low income housing tax credit and qualified residential rental project bonds., changes federal law or congressional policy affecting homeowners, renters, builders, and housing agencies. The main policy domain is Housing, Defense, Veterans Affairs.

Who Benefits and How

homeowners, renters, builders, and housing agencies may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, homeowners, renters, builders, and housing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HB97FBCB021F7497B9C3195976FA2DF61: 1. Treatment of veteran disability compensation or pension payments for purposes of low income housing tax credit and residential rental project bonds Section...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to disregard veteran disability compensation or pension payments in determining income for purposes of the low income housing tax credit and qualified residential rental project bonds., changes federal law or congressional policy affecting homeowners, renters, builders, and housing agencies.

Key Policy Areas

Housing, Defense, Veterans Affairs

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to disregard veteran disability compensation or pension payments in determining income for purposes of the low income housing tax credit and qualified residential rental project bonds., changes federal law or congressional policy affecting homeowners, renters, builders, and housing agencies.

Policy Domains

Housing Defense Veterans Affairs

Whole bill

Identified Gains
  • homeowners, renters, builders, and housing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
homeowners, renters, builders, and housing agencies:
Identified Costs
  • federal implementing agencies
  • homeowners, renters, builders, and housing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
homeowners, renters, builders, and housing agencies:

Legislative Progress

Introduced
Introduced Committee Passed
Sep 24, 2024

Ms. Sánchez (for herself, Mr. Gomez, Mr. Sherman, Mr. Carbajal, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Housing Defense Veterans Affairs
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology