US Congress House Bill 4210 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 14-4)
Status: Introduced on March 19 2012 - 25% progression, died in committee
Action: 2012-04-26 - Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Pending: House Subcommittee on Insurance, Housing and Community Opportunity Committee
Text: Latest bill text (Introduced) [PDF]

Restore our Neighborhoods Act of 2012 - Amends the Internal Revenue Code to establish a new category of tax credit bonds to be known as qualified urban demolition bonds. Allows the issuance of $4 billion of such bonds for the purpose of demolishing vacant, abandoned, and tax delinquent properties in urban areas. Provides for the allocation of $2 billion to all states to fund such demolition projects, and an additional $2 billion for certain other states that have greater numbers of vacant or foreclosed properties and higher unemployment rates (qualified states).

Restore our Neighborhoods Act of 2012

Rep. Steven LaTourette [R-OH]	Rep. G. Butterfield [D-NC]	Rep. Hansen Clarke [D-MI]	Rep. Lacy Clay [D-MO]
Rep. John Conyers [D-MI]	Rep. Danny Davis [D-IL]	Rep. John Dingell [D-MI]	Rep. Marcia Fudge [D-OH]
Rep. Dale Kildee [D-MI]	Rep. Dennis Kucinich [D-OH]	Sen. Gary Peters [D-MI]	Rep. Tim Ryan [D-OH]
Rep. Terri Sewell [D-AL]	Rep. Steve Stivers [R-OH]	Rep. Betty Sutton [D-OH]	Rep. Patrick Tiberi [R-OH]
Rep. Michael Turner [R-OH]	Rep. Frederica Wilson [D-FL]

Date	Chamber	Action
2012-04-26	House	Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
2012-03-19	House	Referred to House Financial Services
2012-03-19	House	Referred to House Ways and Means
2012-03-19	House	Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/4210/all-info
Text	https://www.congress.gov/112/bills/hr4210/BILLS-112hr4210ih.pdf