To amend the Internal Revenue Code of 1986 to enhance the low-income housing tax credit, 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 enhance the low-income housing tax credit, and for other purposes., changes federal law or congressional policy affecting transportation operators and travelers. The main policy domain is Transportation, Energy, Environment.
Who Benefits and How
transportation operators and travelers 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, transportation operators and travelers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Affordable Housing Construction Act.
- Section id60389032e30b428087313e253d9e7e0a: 2. Increase in State housing credit ceiling Section 42(h)(3)(C)(ii) of the Internal Revenue Code of 1986 is amended— by striking $1.75 in subclause (I) and...
- Section idc2153a5435c8400795746285a99f4240: 3. Increased credit amounts and credit allocation set-asides for certain buildings Section 42(d)(5) of the Internal Revenue Code of 1986 is amended by adding...
- Section id1978a850be554a9a90c99d57c5b1bc4f: 4. 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 idea1932d163e747f6a24d556a45d72854: 5. Modification of extended use period Section 42(h)(6)(D)(ii)(II) of the Internal Revenue Code of 1986 is amended by striking 15 years and inserting 35 years....
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 enhance the low-income housing tax credit, and for other purposes., changes federal law or congressional policy affecting transportation operators and travelers.
Key Policy Areas
Transportation, Energy, Environment
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to enhance the low-income housing tax credit, and for other purposes., changes federal law or congressional policy affecting transportation operators and travelers.
Policy Domains
Whole bill
Identified Gains
- transportation operators and travelers
Identified Costs
- federal implementing agencies
- transportation operators and travelers
Sponsors
Legislative Progress
IntroducedMr. Whitehouse (for himself and Mr. Reed) introduced the following …
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?
- "secretary_of_labor"
- → Secretary of Labor
- "administrator_of_epa"
- → Administrator of the Environmental Protection Agency
- "secretary_of_health_and_human_services"
- → Secretary of Health and Human Services
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