To amend the Internal Revenue Code of 1986 to modify the low-income housing credit and to reauthorize and reform the Generalized System of Preferences, and for other purposes.
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 modify the low-income housing credit and to reauthorize and reform the Generalized System of Preferences, and for other purposes., changes federal law or congressional policy affecting environmental regulators and natural-resource users. The main policy domain is Environment, Trade, Finance.
Who Benefits and How
environmental regulators and natural-resource users 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, environmental regulators and natural-resource users may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section id3057444298CF45F297CAAB7D511A365F: 1. Table of contents The table of contents for this Act is as follows:
- Section H9B394987DC4A470485AF238C67D81E82: 101. State housing credit ceiling increase for low-income housing credit Section 42(h)(3)(I) of the Internal Revenue Code of 1986 is amended— by striking and...
- Section H19711F151AFD4A13B62B1CEEE044BEF8: 102. Tax-exempt bond financing requirement Section 42(h)(4) of the Internal Revenue Code of 1986 is amended by striking subparagraph (B) and inserting the...
- Section idF72CC0EC80E741CC8CAC8CDAC1AC5AC3: 201. Modification of eligibility criteria for beneficiary developing countries Section 502 of the Trade Act of 1974 (19 U.S.C. 2462) is amended— in subsection...
- Section id4852B1B060334C8BA01A6AACD36E02D1: 202. Supplemental reviews and reporting Section 502 of the Trade Act of 1974, as amended by section 201, is further amended by adding at the end the following:...
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 modify the low-income housing credit and to reauthorize and reform the Generalized System of Preferences, and for other purposes., changes federal law or congressional policy affecting environmental regulators and natural-resource users.
Key Policy Areas
Environment, Trade, Finance
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to modify the low-income housing credit and to reauthorize and reform the Generalized System of Preferences, and for other purposes., changes federal law or congressional policy affecting environmental regulators and natural-resource users.
Policy Domains
Whole bill
Identified Gains
- environmental regulators and natural-resource users
Identified Costs
- federal implementing agencies
- environmental regulators and natural-resource users
Legislative Progress
IntroducedMs. Cantwell introduced the following bill; which was read twice …
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?
- "the_commission"
- → The commission identified in the operative section
- "secretary_of_labor"
- → Secretary of Labor
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