S.1078 - Housing America's Workforce Act
A bill to amend the Internal Revenue Code of 1986 to provide incentives for employer-provided employee housing assistance, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to amend the Internal Revenue Code of 1986 to provide incentives for employer-provided employee housing assistance, and for other purposes. as introduced.
- Short: Housing America's Workforce Act as introduced.
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Official Summary
4/10/2007--Introduced.Housing America's Workforce Act - Amends the Internal Revenue Code to allow employers a business tax credit for up to 50 percent of the qualified housing expenses paid for the benefit of their employees. Defines "qualified housing expenses" to include hOfficial Summary
4/10/2007--Introduced.Housing America's Workforce Act - Amends the Internal Revenue Code to allow employers a business tax credit for up to 50 percent of the qualified housing expenses paid for the benefit of their employees. Defines "qualified housing expenses" to include homeownership assistance and rental assistance. Limits the amount of such credit to the lesser of $10,000 or six percent of an employee's home purchase price, or up to $2,000 for rental assistance. Excludes from employee gross income the value of employer-paid housing assistance.
Authorizes the Secretary of Housing and Urban Development to award grants in FY2008-FY2010, on a competitive basis, to nonprofit housing organizations or local governments for certain costs, including operating costs and technical assistance costs, of employer-assisted housing programs. Requires the Secretary to establish a national clearinghouse, including a website, to provide information about employer-assisted housing programs to federal, state, and local governments and other interested entities. Directs the Comptroller General to conduct a national evaluation of employer-assisted housing programs and provide to the Secretary an interim report by January 1, 2011, and final report by December 31, 2012.
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Recent Blog Coverage
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S.1078: A bill to provide for an additional ... - OpenCongress
Official government data, breaking news and blog coverage, public comments and user community for S.1078 A bill to provide for an additional temporary extension of programs under the Small Business Act and the Small Business ... provide for an additional t
H.R.2489: AmericaView Geospatial Imagery Mapping Program Act ...
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it. ..... Related Bills. S.1078 AmericaView Geospatial Imagery Mapping Program ActIntroducedDec 14, 20108
H.R.2489: AmericaView Geospatial Imagery Mapping Program Act ...
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it. ..... Related Bills. S.1078 AmericaView Geospatial Imagery Mapping Program ActIntroducedDec 14, 20108

U.S. Congress - S.1078 Housing America's Workforce Act



