Secretary shall prescribe) an annual report specifying— (A) the amount of rental reduction credit amounts allocated to each such building for such year, (B) sufficient information to identify each such building and the taxpayer with respect thereto, (C) information as to the demographic and income characteristics of eligible tenants of all such buildings to which such amounts were allocated, and (D) such other information as the Secretary may require. The penalty under section 6652(j) shall apply to any failure to submit the report required by the preceding sentence on the date prescribed therefor. . (b) Treatment as part of general business credit (1) In general Section 38(b) of the Internal Revenue Code of 1986 is amended by striking plus at the end of paragraph (31), by striking the period at the end of paragraph (32) and inserting , plus , and by adding at the end the following new paragraph: (33) the low-income seniors rent credit determined under section 45T(a). . (2) Allowance against minimum tax Section 38(c)(4)(B) of such Code is amended by redesignating clauses (x), (xi), and (xii) as clauses (xi), (xii), and (x)(iii), respectively, and by inserting after clause (ix) the following new clause: (x) the low-income seniors rent credit determined under section 45T(a), . (c) Conforming amendments (1) Subsections (i)(3)(C), (i)(6)(B)(i), and (k)(1) of section 469 of such Code are each amended by inserting or 45T after 42 . (2) The table of sections for subpart D of part IV of subchapter A of chapter 1 of such Code is amended by inserting at the end the following new item: Sec. 42A. Low-income seniors rent credit. . (d) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2018.