0
0
0
Housing Bond and Credit Modernization and Fairness Act of 2001
1/16/2023, 3:03 PM
Congressional Summary of S 677
Housing Bond and Credit Modernization and Fairness Act of 2001 - Amends the Internal Revenue Code to: (1) repeal the required use of certain principal repayments on mortgage subsidy bond financings to redeem bonds; (2) modify the purchase price limitation under mortgage subsidy bond rules based on median family income; and (3) define the term "area median gross income" for low-income housing credit projects.
Read the Full Bill
Current Status of Bill S 677
Bill S 677 is currently in the status of Bill Introduced since April 2, 2001. Bill S 677 was introduced during Congress 107 and was introduced to the Senate on April 2, 2001. Bill S 677's most recent activity was Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3281) as of April 2, 2001
Bipartisan Support of Bill S 677
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
78Democrat Cosponsors
42Republican Cosponsors
36Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 677
Primary Policy Focus
TaxationPotential Impact Areas
- Business income tax
- Commerce
- Economics and Public Finance
- Finance and Financial Sector
- Housing and Community Development
- Housing subsidies
- Income
- Income tax
- Low-income housing
- Mortgage interest rates
- Mortgage loans
- Rent
- Social Welfare
- Tax credits
- Tax-exempt securities
Alternate Title(s) of Bill S 677
Housing Bond and Credit Modernization and Fairness Act of 2001
A bill to amend the Internal Revenue Code of 1986 to repeal the required use of certain principal repayments on mortgage subsidy bond financing to redeem bonds, to modify the purchase price limitation under mortgage subsidy bond rules based on median family income, and for other purposes.
Housing Bond and Credit Modernization and Fairness Act of 2001
Comments
Sponsors and Cosponsors of S 677
Latest Bills
HONOR Act
Bill S 327March 11, 2026
Making further consolidated appropriations for the fiscal year ending September 30, 2026, and for other purposes.
Bill HR 7147March 11, 2026
A bill to prohibit the Department of Homeland Security from constructing, acquiring, renovating, or operating any new processing site or detention center without providing a mechanism for public comments regarding such activity, entering into a signed, written agreement with appropriate State and local officials, and providing Congress with advance notice of such activity.
Bill S 3894March 11, 2026
A bill to amend title 10, United States Code, to authorize representatives of veterans service organizations to participate in presentations to promote certain benefits available to veterans during preseparation counseling under the Transition Assistance Program of the Department of Defense, and for other purposes.
Bill S 3938March 11, 2026
A bill to amend the Elementary and Secondary Education Act of 1965 to expand access to school-wide arts and music programs, and for other purposes.
Bill S 4018March 11, 2026
A bill to allow States to require payment of State fees related to boating as a condition for issuance of a vessel number and to collect such fees in conjunction with other fees related to vessel numbering.
Bill S 3985March 11, 2026
A bill to restore competition in the meatpacking industry by reducing excessive concentration and market power and ultimately reduce prices for American consumers, and for other purposes.
Bill S 4007March 11, 2026
A bill to amend the Internal Revenue Code of 1986 to allow charitable rollovers from individual retirement accounts to donor advised funds.
Bill S 3975March 11, 2026
A resolution expressing support for the designation of March 2026 as "Music in Our Schools Month".
Bill SRES 628March 11, 2026
A bill to amend the Securities Exchange Act of 1934 to specify certain registration statement contents for emerging growth companies, to permit issuers to file draft registration statements with the Securities and Exchange Commission for confidential review, and for other purposes.
Bill S 4034March 11, 2026
Housing Bond and Credit Modernization and Fairness Act of 2001
Bill HR 951January 17, 2023