I 

112TH CONGRESS 

1ST SESSION H. R. 2097 

To amend the Internal Revenue Code of 1986 to expand the military housing 

allowance exclusion for purposes of determining area gross income in 

determining whether a residential rental property is a qualified residential 

rental property for purposes of the exempt facility bond rules, and 

for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JUNE 2, 2011 

Mr. OWENS introduced the following bill; which was referred to the Committee 

on Ways and Means 

A BILL 

To amend the Internal Revenue Code of 1986 to expand 

the military housing allowance exclusion for purposes 

of determining area gross income in determining whether 

a residential rental property is a qualified residential 

rental property for purposes of the exempt facility bond 

rules, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Military Families Af5 fordable Homes Act of 2011’’. 


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1 SEC. 2. EXTENSION AND MODIFICATION OF HOUSING AL2 LOWANCE EXCLUSION FOR DETERMINING 

3 AREA MEDIAN GROSS INCOME FOR QUALI4 FIED RESIDENTIAL RENTAL PROJECT EX5 EMPT FACILITY BONDS. 

6 (a) EXTENSION.—Subsection (b) of section 3005 of 

7 the Housing Assistance Tax Act of 2008 is amended by 

8 striking ‘‘January 1, 2012’’ each place it appears and in9 serting ‘‘January 1, 2015’’. 

10 (b) MODIFICATION.—Subparagraph (B) of section 

11 142(d)(2) of the Internal Revenue Code of 1986 is amend12 ed— 

13 (1) in clause (iii)(I) by striking ‘‘qualified mili14 tary installation to which’’ and all that follows 

15 through ‘‘December 31, 2005’’ and inserting ‘‘mili16 tary installation or facility’’, and 

17 (2) by striking clause (iv). 

18 (c) EFFECTIVE DATES.— 

19 (1) SUBSECTION (a).—The amendments made 

20 by subsection (a) shall take effect as if included in 

21 the enactment of section 3005 of the Housing As22 sistance Tax Act of 2008. 

23 (2) SUBSECTION (b).—The amendments made 

24 by subsection (b) shall apply to— 

25 (A) determinations made after the date of 

26 the enactment of this Act and before January 


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1 1, 2015, in the case of any qualified building 

2 (as defined in section 142(d)(2)(B)(iii) of the 

3 Internal Revenue Code of 1986)— 

4 (i) with respect to which housing cred5 it dollar amounts have been allocated on or 

6 before the date of the enactment of this 

7 Act, or 

8 (ii) with respect to buildings placed in 

9 service before such date of enactment, to 

10 the extent paragraph (1) of section 42(h) 

11 of such Code does not apply to such build12 ing by reason of paragraph (4) thereof, but 

13 only with respect to bonds issued before 

14 such date of enactment, and 

15 (B) determinations made after the date of 

16 enactment of this Act, in the case of qualified 

17 buildings (as so defined)— 

18 (i) with respect to which housing cred19 it dollar amounts are allocated after the 

20 date of the enactment of this Act and be21 fore January 1, 2015, or 

22 (ii) with respect to which buildings 

23 placed in service after the date of enact24 ment of this Act and before January 1, 

25 2015, to the extent paragraph (1) of secVerDate Mar 15 2010 23:02 Jun 07, 2011 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H2097.IH H2097

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1 tion 42(h) of such Code does not apply to 

2 such building by reason of paragraph (4) 

3 thereof, but only with respect to bonds 

4 issued after such date of enactment and 

5 before January 1, 2015. 

Æ 


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