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My home page contains information about the U.S. Senate, Colorado, how I may be of assistance to you as well as how to contact any one of my six offices. The next time I am in your neighborhood, I hope we can meet to discuss the issues important to you and your family. My staff and I look forward to hearing from you.
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| Community Development Homeownership Tax Credit Act |
| Date Introduced: 04/20/05 |
| Bill Number: S.859 |
Description: Community Development Homeownership Tax Credit Act - Amends the Internal Revenue Code to allow homebuilders and investors a general business tax credit for building or substantially rehabilitating residences for low and moderate-income individuals in certain areas, including a rural area, an Indian reservation, or an area of chronic economic distress. Sets forth rules for the calculation of such credit and its administration and allocation by the States.
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