S. 595 · 108th Congress · 2003–2004
Housing Bond and Credit Modernization and Fairness Act of 2003
S. 595 in the 108th Congress (2003–2004) was introduced on Mar 11, 2003, sponsored by Orrin G. Hatch with 72 co-sponsors.
During the 108th Congress (2003–2004), George W. Bush was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Mar 11, 2003
- Co-sponsors
- 72
- Policy area
- Taxation
What it does
Housing Bond and Credit Modernization and Fairness Act of 2003 - Amends the Internal Revenue Code to: (1) repeal the required use of certain principal repayments on mortgage subsidy bond financings to redeem bonds; (2) modify the purchase price limitation under mortgage subsidy bond rules based on median family income; and (3) define the term "area median gross income" for low-income housing credit projects.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Orrin G. Hatch (R-UT). Co-sponsors: 36 Democrats, 35 Republicans, 1 Independent.
Where it stands
- IntroducedMar 11, 2003
- Passed the Senate—
- Passed the House—
- Sent to the President—
- Became law—
Latest action: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3518-3519) (Mar 11, 2003)
More bills from Orrin G. Hatch in the 108th Congress
- S. 151: Prosecutorial Remedies and Other Tools to End the Exploitation of Children Today Act of 2003
- S. 1280: A bill to amend the Protect Act to clarify certain volunteer liability.
- S. 2363: A bill to revise and extend the Boys and Girls Clubs of America.
- S. 2742: A bill to extend certain authority of the Supreme Court Police, modify the venue of prosecutions…
- S. 2883: Prevention of Child Abduction Partnership Act
- S. 2192: Cooperative Research and Technology Enhancement (CREATE) Act of 2004
- S. 1531: Chief Justice John Marshall Commemorative Coin Act
Other Taxation bills in the 108th Congress
- H.R. 2: Jobs and Growth Tax Relief Reconciliation Act of 2003
- H.R. 1308: Working Families Tax Relief Act of 2004
- H.R. 982: To clarify the tax treatment of bonds and other obligations issued by the Government of American…
- H.R. 4520: American Jobs Creation Act of 2004
- S. 150: Internet Tax Nondiscrimination Act
- H.R. 5365: To treat certain arrangements maintained by the YMCA Retirement Fund as church plans for the…
- H.R. 5394: To amend the Internal Revenue Code of 1986 to modify the taxation of arrow components.
- S. 2: Jobs and Growth Tax Act of 2003
- H.R. 7: Charitable Giving Act of 2003
- H.R. 8: Death Tax Repeal Permanency Act of 2003
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “S. 595 (108th Congress): Housing Bond and Credit Modernization and…,” https://www.capitolreceipts.com/bill/108-s-595/housing-bond-and-credit-modernization-and-fairness-act-of (accessed 2026-10-17).