SEN. BAUCUS INTRODUCES BAB, SECT. 1602 EXTENSIONS
Sen. Max Baucus, D-Mont., yesterday introduced the Middle Class Tax Cut Act of 2010. The act includes extensions of numerous affordable housing, new markets and renewable energy bonds and tax credits. Among other provisions, the bill would extend the Build America Bond program and the Section 1602 tax credit exchange grant program. until 2011. A summary of the bill can be found on Novogradac & Company’s Hot Topics page.
Tune in to the Tax Credit Tuesday podcast on December 7 to hear more about the bill.