A proposed request for information on LIHTC
0 likes12 views
The document is a discussion draft of a bill introduced in the 118th Congress that requires the Secretary of Housing and Urban Development to solicit feedback on the low-income housing tax credit program. The bill outlines the need for objectives, criteria, and data necessary for analyzing the program and mandates a report to be published within 90 days after feedback collection. The aim is to improve the quality and completeness of data on the program.
A proposed request for information on LIHTC
- 1. MIR23A52 G25 Discussion draft S.L.C. 118TH CONGRESS 1ST SESSION S. ll To require the Secretary of Housing and Urban Development to solicit feed- back regarding analyzing the low-income housing tax credit program, and for other purposes. IN THE SENATE OF THE UNITED STATES llllllllll Mr. BRAUN introduced the following bill; which was read twice and referred to the Committee on llllllllll A BILL To require the Secretary of Housing and Urban Development to solicit feedback regarding analyzing the low-income housing tax credit program, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the 淡llllll Act 4 of llll多. 5 SEC. 2. REPORT ON LOW-INCOME HOUSING TAX CREDIT 6 PROGRAM. 7 The Secretary of Housing and Urban Development 8 shall 9
- 2. 2 MIR23A52 G25 Discussion draft S.L.C. (1) issue a request for information to solicit 1 feedback about 2 (A) what objectives and criterion could be 3 used in analyzing the program for low-income 4 housing tax credits under section 42 of the In- 5 ternal Revenue Code of 1986; 6 (B) what data on the program described in 7 subparagraph (A) would be useful in conducting 8 the analysis described in that subparagraph; 9 and 10 (C) what steps could be taken to ensure 11 the quality and completeness of the data col- 12 lected under subparagraph (B); and 13 (2) not later than 90 days after the date on 14 which the request for information issued under para- 15 graph (1) closes, publish a publicly available report 16 on the feedback received. 17