CONGRESS FOR VOTERS

RepublicanBill · S. 1603· Senate(119-S-1603)

Preserving Rural Housing Investments Act

Rep. Moran
Age: 72 years
Kansas
Introduced
5/6/2025
Last activity
5/6/2025 — Read twice and referred to the Committee on Finance.
Sponsored by
Jerry Moran
Cosponsors
Republican - 1Democrat - 2
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill is called the "Preserving Rural Housing Investments Act". It aims to change the Internal Revenue Code of 1986 regarding tax-exempt controlled entity rules. Specifically, it clarifies how these rules apply to certain stock of government-sponsored enterprises. It focuses on the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association. The changes would apply to taxable years ending after July 30, 2008.

Yes· 3 of 6

  • Would people in rural areas be better off under this?+7

    The bill specifically targets the preservation of housing investments in rural areas.

  • Does this make housing cost less?+5

    The act explicitly targets the preservation of rural housing investments.

  • Does this invest in rural communities?+5

    The bill specifically focuses on preserving rural housing investments.

The opposite

No question was scored the opposite.