House bill · 118th Congress · Did not become law
Community Development Investment Tax Credit Act of 2023
Sponsor: Rep. Shri Thanedar D-MIWhere it went
- IntroducedDec 6, 2023
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Dec 6, 2023 — 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.
Cost and committee reports
Official records Congress.gov attaches to H.R. 6650.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. THANEDAR, as printed in the Congressional Record (Vol. 169, No. 201, December 6, 2023, Page H6210):Section 8 Article I of the Constitution The single subject of this legislation is: This bill allows investors a business-related tax credit for investment in a Community Development Financial Institution (CDFI). The applicable percentage of such credit is 3% for the first 10 years of investment in a CDFI with a 1% increase after the initial credit allowance date and for investments without a fixed term or duration.Source: Congress.gov, Congressional Record December 6, 2023 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 418 characters
- Congress.gov bill record
- H.R. 6650, 118th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/118/hr/6650
- Record last updated by Congress.gov
- December 5, 2025
- PORKER copy retrieved
- September 14, 2026
- Stored copy, SHA-256 of the file
e5d9bc15b80df16b9d8b1465b25e26af8287c43b4eb22ecac9e296bbd70c17e5
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of December 5, 2025). Not every bill gets one.
From the Congress.gov bill record for H.R. 6650, last updated December 5, 2025. PORKER’s copy was retrieved September 14, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
No cosponsors.
More from the sponsor
Other 118th Congress bills sponsored by Rep. Shri Thanedar.
- H.R. 8645 (118th) Improved Screening for Veterans and Passengers with Disabilities Act
- H.Res. 1436 (118th) Recognizing suicide as a serious public health problem and expressing support for the designation of September as "National Suicide…
- H.R. 10172 (118th) Prohibition of Medicaid Funding for Conversion Therapy Act
- H.Res. 1131 (118th) Celebrating Hindu Americans, and condemning attacks on Hindu places of worship, Hinduphobia, and anti-Hindu bigotry, and for other purposes.
- H.R. 2810 (118th) To designate the Federal building located at 985 Michigan Avenue in Detroit, Michigan, as the "John Conyers Federal Building".
- H.R. 5132 (118th) United Against Transnational Criminal Organizations Act
Sponsor’s state and district
Data as of Sep 15, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.