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BILL WOULD EXTEND GO ZONE PLACED-IN-SERVICE DATE

Wednesday, February 2, 2011 - 8:00AM

Sen. Mary Landrieu, D-La., on January 25 introduced a bill to extend by one year the placed-in-service date for low-income housing tax credit rules applicable to Gulf Opportunity (GO) Zone properties. S. 30 would allow GO Zone properties to be placed in service until January 1, 2013. The bill was read twice and referred to the Senate Committee on Finance. Sens. Max Baucus, D-Mont., Thad Cochran, R-Miss., Richard Shelby, R-Ala., David Vitter, R-La., and Roger Wicker, R-Miss., co-sponsored the bill.

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