Mr. Ellison (for himself and Mr. Scott of Virginia) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned
Introduced in House (IH)
To amend the Internal Revenue Code of 1986 to replace the mortgage interest deduction with a nonrefundable credit for indebtedness secured by a residence, to provide affordable housing to extremely low-income families, and for other purposes.
Robert C. "Bobby" Scott
Committee on Financial Services (Standing), Committee on Ways and Means (Standing)
United States Code References
12 U.S.C. 4568 42 U.S.C. 1437f, 1437g
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