In CommitteeFiled Aug 7, 2026
Sponsor: Sen. Gallego, Ruben [D-AZ] (D)
Latest Action
Read twice and referred to the Committee on Finance.
Aug 7, 2026
Summary
The bill changes the Internal Revenue Code so that the low‑income housing tax credit can be applied to tax returns from the previous five years. This helps developers and investors recover costs more quickly. It is currently referred to the Senate Finance Committee.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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