To amend the Internal Revenue Code of 1986 to expand the military housing allowance exclusion for purposes of determining area gross income in determining whether a residential rental property is a qualified residential rental property for purposes of the exempt facility bond rules.
Military Families Affordable Homes Act - Amends Internal Revenue Code provisions relating to tax-exempt facility bonds to expand the eligibility of military personnel for low-income residential rental housing financed by such bonds.
Read twice and referred to the Committee on Finance.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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