HR9012
Referred to committee
Affordable Housing Credit Carryback Act
- Federal
- House
- Introduced May 22, 2026
- Session 119
Bill Text
Version IHThis Act may be cited as the Affordable Housing Credit Carryback Act.
Section 39(a)(3) of the Internal Revenue Code of 1986 is amended—
in the heading, by striking marginal oil and gas well production credit and inserting certain credits,
by inserting or the low-income housing tax credit allowed under section 42 after well production credit in the matter preceding subparagraph (A), and
in subparagraph (A), by inserting or the low-income housing tax credit, as applicable after well production credit.
The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.
Section 39(a)(3) of the Internal Revenue Code of 1986 is amended—
in the heading, by striking marginal oil and gas well production credit and inserting certain credits,
by inserting or the low-income housing tax credit allowed under section 42 after well production credit in the matter preceding subparagraph (A), and
in subparagraph (A), by inserting or the low-income housing tax credit, as applicable after well production credit.
The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.
Legislative Timeline
3 actions-
Introduced in House
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Introduced in House
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Referred to the House Committee on Ways and Means.