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H.R. 4239 — Affordable Housing Incentives Act of 2019 | PoliFocus

H.R. 4239116th Congress

Affordable Housing Incentives Act of 2019

To amend the Internal Revenue Code of 1986 to allow for nonrecognition of gain on real property sold for use as affordable housing.

Sponsors

Rep. Schiff, Adam B. [D-CA-28]

Subjects

Taxation

Summary

Affordable Housing Incentives Act of 2019

This bill allows nonrecognition of gain, for income tax purposes, from the sale of property to public housing agencies for use as affordable housing.

Full Text

Related Legislation

H.R. 6011Affordable and Homeless Housing Incentives Act of 2020
2020-02-27Referred to the House Committee on Ways and Means.
Related

Legislative Actions

2019-09-06
Introduced in House
2019-09-06
Introduced in House
2019-09-06
Referred to the House Committee on Ways and Means.

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