A bill 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 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.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line