What it changes

1 change to H.R. 4154

Adds a section
  1. Adds SEC. 186. EXTENSION OF LOW-INCOME HOUSING CREDIT RULES FOR BUILDINGS IN GO ZONES after section 185

    Adds a section

    Inserted: SEC. 186. EXTENSION OF LOW-INCOME HOUSING CREDIT RULES FOR BUILDINGS IN GO ZONES.

    Inserted: Section 1400N(c)(5) is amended by striking "January 1, 2011" and inserting "January 1, 2013".

    Original wording

    After section 185, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

SA 3333. Ms. LANDRIEU (for herself, Mr. Vitter, Mr. Wicker, and Mr. Shelby) submitted an amendment intended to be proposed by her to the bill H.R. 4154, to amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, to reinstitute and update the Pay-As-You-Go requirement of budget neutrality on new tax and mandatory spending legislation, enforced by the threat of annual, automatic sequestration, and for other purposes; which was ordered to lie on the table; as follows:

After section 185, insert the following:

SEC. 186. EXTENSION OF LOW-INCOME HOUSING CREDIT RULES FOR BUILDINGS IN GO ZONES.

Section 1400N(c)(5) is amended by striking “January 1, 2011” and inserting “January 1, 2013”.

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Floor Latest Action

Senate amendment submitted

February 25, 2010