HR 9788
To amend the Internal Revenue Code of 1986 to disregard veteran disability compensation or pension payments in determining income for purposes of the low income housing tax credit and qualified residential rental project bonds.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill aims to help veterans secure affordable housing by modifying how their disability compensation or pension payments are considered when determining eligibility for the Low Income Housing Tax Credit and qualified residential rental project bonds. Specifically, the bill proposes to disregard these veteran payments when calculating income for these programs. This change would make it easier for veterans receiving these benefits to qualify for and receive assistance with housing costs.
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