John Cornyn on Welfare & Poverty

Republican Jr Senator (TX)

Supports work requirement for welfare recipients

As the 1996 Welfare Reform law is renewed this year, John Cornyn will advocate extending several of its most successful parts, especially the work requirement, removal of penalties for marriage, and boosting housing and other assistance initiatives. Source: Campaign website, www.JohnCornyn.com, "Issues" Jun 20, 2002

Tax credits to promite home ownership in distressed areas.

Cornyn co-sponsored the Community Development Homeownership Tax Credit Act

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:

in a census tract with a median gross income not exceeding 80 percent of the greater area or statewide median gross income;
in a rural area;
on an Indian reservation; or
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. Source: Bill sponsored by 45 Senators 03-S875 on Apr 10, 2003

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*Other candidates on Welfare & Poverty:*		*John Cornyn on other issues:*
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Page last updated: Dec 02, 2008