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Politiparty

118th Congress Taxation

S. 1377: Visitable Inclusive Tax credits for Accessible Living (VITAL) Act

Introduced

  1. Introduced (completed)Apr 27, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Apr 27, 2023

This bill increases the low-income housing tax credit to serve the housing needs of older people and people with disabilities. Specifically, the bill increases state allocations of the credit and credit amounts for projects for assisting households with disabled individuals.

The bill requires each state housing finance agency to establish and operate a Resource Center for the Low-Income Housing Tax Credit Program to support new program applicants and recipients. It also establishes a National Low-Income Housing Tax Credit Advisory Council to provide best practice recommendations to state housing finance agencies and other entities relating to affordable housing trends.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

5

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Other bills by Robert Casey

History

  1. Apr 27, 2023Introduced in the Senate by Robert Casey.
Show the full action history (2 actions)
  1. Apr 27, 2023Introduced in Senate
  2. Apr 27, 2023Read twice and referred to the Committee on Finance.