No Discrimination in Housing Act

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Introduced on November 21, 2024 by Bob Good

Legislation Details

Amends the Internal Revenue Code of 1986.
Disallows the low-income housing tax credit for entities with diversity, equity, and inclusion initiatives.
Applies to partnerships and S corporations, affecting both the entity and individual levels.
Provides an exception for individuals, but the disallowance applies at the partnership or S corporation level.
Effective for taxable years beginning after the enactment of the legislation.

Last updated 12/17/2024