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Bill Introduced to Create Nevada State LIHTC

Wednesday, March 27, 2019 - 9:45AM

Legislation to create a state low-income housing tax credit (LIHTC) in Nevada was introduced this week. S.B. 448 would create a state credit that mirrors the federal LIHTC, with a $10 million annual cap. The state credit would have a sunset date of Jan. 1, 2030. The bill was assigned to the Senate Revenue and Economic Development Committee.

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