INCREASE IN STATE HOUSING CREDIT CEILING FOR , 2019, 2020, 2021.

SEC. 102. INCREASE IN STATE HOUSING CREDIT CEILING FOR , 2019, 2020, 2021. (a) [26 U.S.C. 42] In General.—Section 42(h)(3)(I) of the Internal Revenue Code of 1986is amended to read as follows: “(I) Increase in state housing credit ceiling for 2018, 2019, 2020, and 2021.—In the case of calendar years 2018, 2019, 2020, and 2021, each of the dollar amounts in effect under clauses (I) and (II) of subparagraph (C)(ii) for any calendar year (after any increase under subparagraph (H)) shall be increased by multiplying such dollar amount by 1.125.” . (b) [26 U.S.C. 42 note] Effective Date.—The amendment made by this section shall apply to calendar years beginning after December 31, 2017.