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1.302 -Accelerated Depreciation for Rehabilitation of Low-Income Housing

Item	Description	FY2010	FY2011	FY2012
1.302	Accelerated Depreciation for Rehabilitation of Low-Income Housing Landlords and other investors in low-income housing may amortize rehabilitation expenditures initiated before 1987 over a five-year period. For a more detailed description of this tax expenditure, see corporate excise item 2.302. Origin: IRC S. 167(k) Estimate: N.A.	N.A.	N.A.	N.A.

Key:

ORIGIN
IRC	Federal Internal Revenue Code (26 U.S.C.)
U.S.C	United States Code
M.G.L.	Massachusetts General Laws
Rev. Rul.; C.B.	Revenue Ruling; Cumulative Bulletin of the U.S. Treasury
ESTIMATES	All estimates are in $ millions.