,,ii #aadth ,,congress #ast ,session ,s4 #aaic ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #e1 #bjae,ms4 ,cantwell 7for herself1 ,mr4 ,roberts1 ,mr4 ,crapo1 ,mr4 ,franken1 ,ms4 ,warren1 ,mr4 ,menendez1 ,mr4 ,whitehouse1 ,mr4 ,schumer1 ,mrs4 ,shaheen1 ,ms4 ,hirono1 ,mrs4 ,gillibrand1 ,mr4 ,cardin1 ,mr4 ,leahy1 ,ms4 ,klobuchar1 ,mrs4 ,boxer1 ,mr4 ,king1 ,mr4 ,booker1 ,mrs4 ,murray1 ,mr4 ,blumenthal1 ,mrs4 ,feinstein1 ,mr4 ,sanders1 and ,ms4 ,stabenow7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit program4 #a4 ,temporary minimum credit rate for the low-income housing tax credit program made permanent and expanded 7a7 ,minimum credit amount for new buildings made permanent ,subparagraph 7,a7 of section #db7;b77#b7 of the ,internal ,revenue ,code of #aihf is amended by striking with respect to housing credit dollar amount allocations made before ,january #a1 #bjae4 7b7 ,minimum credit for existing buildings ,subsection 7b7 of section #db of such ,code is amended by redesignating paragraph 7#c7 as paragraph 7#d7 and by inserting after paragraph 7#b7 the following new paragraph3 7#c7 ,minimum credit for existing buildings ,in the case of any existing building-- 7,a7 which is placed in service by the taxpayer after the date of the enactment of this paragraph1 and 7,b7 which is not federally subsidized for the taxable year1 the applicable percentage shall not be less than #d percent4 4 7c7 ,conforming amendment ,section #db7;b77#b7 of such ,code is amended by striking ,temporary minimum and inserting ,minimum4 7d7 ,effective date ,the amendments made by this section shall apply to buildings placed in service after ,december #ca1 #bjad4