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03-S875 on Apr 10, 2003

Amends the Internal Revenue Code to permit a community homeownership tax credit based upon an applicable percentage of each qualified residence's eligible basis. Makes such credit available to residences (including factory built homes) located:
  1. in a census tract with a median gross income not exceeding 80 percent of the greater area or statewide median gross income;
  2. in a rural area;
  3. on an Indian reservation; or
  4. in an area of chronic economic distress.
Prohibits a buyer's income from exceeding 80 percent (70 percent for families of less than three) of the area gross median income and requires owner occupancy.



Democrats participating in 03-S875

Evan Bayh s1oIN Democratic Jr Senator
Maria Cantwell s1oWA Democrat Jr Senator
Hillary Clinton s1oNY Democrat Jr Senator
Kent Conrad s1oND Democrat Sr Senator
Jon Corzine s1oNJ Democrat
Tom Daschle s1oPOTUS Democrat
Mark Dayton s1oMN Democrat Jr Senator
Chris Dodd s1oCT Democratic incumbent
Byron Dorgan s1oND Democratic incumbent
Richard Durbin s1oIL Democrat Sr Senator
Dianne Feinstein s1oCA Democrat Sr Senator
Tom Harkin s1oIA Democrat Jr Senator
Tim Johnson s1oSD Democrat Sr Senator
Ted Kennedy s1oMA Democrat Sr Senator
John Kerry s1iMA Democrat Jr Senator
Mary Landrieu s1oLA Democrat Sr Senator
Frank Lautenberg s1oNJ Democrat Sr Senator
Blanche Lambert Lincoln s1oAR Democratic incumbent
Barbara Mikulski s1oMD Democratic incumbent
Patty Murray s1oWA Democratic incumbent
Ben Nelson s1oNE Democrat Jr Senator
Mark Pryor s1oAR Democratic Jr. Senator
Harry Reid s1oNV Democratic incumbent
John Rockefeller s1oWV Democratic Jr Senator
Paul Sarbanes s1oMD Democrat Sr Senator
Charles Schumer s1oNY Democratic incumbent
Debbie Stabenow s1oMI Democrat Jr Senator
Ron Wyden s1oOR Democratic incumbent



Republicans participating in 03-S875

Wayne Allard s1oCO Republican Jr Senator
George Allen s1oPOTUS Republican
Conrad Burns s1oMT Former Republican Senator (MT, 1989-2007)
Ben Nighthorse Campbell s1oCO Former Republican incumbent; retired 2004
Lincoln Chafee s1oRI Republican Jr Senator
Susan Collins s1oME Republican Jr Senator
John Cornyn s1oTX Republican Jr Senator
Michael Crapo s1oID Republican incumbent
Mike DeWine s1oOH Republican Sr Senator
John Ensign s1oNV Republican Jr Senator
Judd Gregg s1oNH Republican incumbent
Chuck Hagel s1oNE Republican Jr Senator
Kay Bailey Hutchison s1oTX Republican Jr Senator
Rick Santorum s1oPA Republican Jr Senator
Olympia Snowe s1oME Republican Sr Senator
Arlen Specter s1oPA Republican incumbent



Independents participating in 03-S875

Jim Jeffords s1oVT Independent Jr Senator



Total recorded by OnTheIssues:

Democrats: 28
Republicans: 16
Independents: 1