CALIF. RESPONDS TO RECOVERY ACT PLAN COMMENTS
Today, the California Tax Credit Allocation Committee (TCAC) released a memo regarding comments received from the public on its proposed regulation changes related to the American Recovery and Reinvestment Act of 2009 and the tax credit program’s final tiebreaker. TCAC says it has carefully considered all comments received, and has finalized the recommendations that it will present to the committee for consideration and adoption on April 30, 2009. Click here for a copy of the memo, which lists the revisions to the initially proposed changes.