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Bill Summary

Page_white_text H1675: To suspend the requirements of the Department of Housing and Urban Development regarding electronic filing of previous participation certificates and regarding filing of such certificates with respect to certain low-income housing investors    [0 comments]
  • Directs the Secretary of Housing and Urban Development to: (1) suspend mandatory processing of Previous Participation Certificates under the Automated Partners Performance System (APPS); and (2) permit paper filings of such certificates until the December 2006 draft of specified proposed regulations are revised and submitted for review to certain congressional committees.
  • Instructs the Secretary also to suspend immediately all filing requirements under the Previous Participation Certificate process with respect to limited liability corporate investors who own or expect to own an interest in entities which are allowed or are expected to be allowed specified low-income housing tax credits under the Internal Revenue Code.
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Additional Information
WorldH1675 at GovTrack BookH1675 at the Library of Congress
Sponsor

Photo Democrat
Illinois
http://www.house.gov/bean

Co-Sponsors
Rep. Barney Frank [D, MA-4]
Rep. Paul Gillmor [R, OH-5]
Rep. Alcee Hastings [D, FL-23]
Rep. Walter Jones [R, NC-3]
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