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SEN. LINCOLN URGES END TO NEGOTIATIONS OF H.R. 4213

Friday, April 2, 2010 - 4:00AM

Sen. Blanche Lincoln, D-Ark., yesterday released the text of a letter she sent to Senate Majority Leader Harry Reid and Speaker of the House Nancy Pelosi urging the lawmakers to complete Senate-House negotiations of H.R. 4213, the American Workers, State, and Business Relief Act of 2010, also referred to as the tax credit extenders package. The Senate-passed version of the bill includes an extension of the New Markets Tax Credit program and makes Gulf Opportunity Zone and Midwestern Disaster Credits eligible for the low-income housing tax credit exchange program. Lincoln's letter urged Reid and Pelosi to prioritize the legislation when Congress reconvenes April 10. The version of H.R. 4213 that was passed by the Senate on March 10, 2010 can be found here.

The NMTC program extension will be one of the hot topics discussed at the 9th Annual New Markets Tax Credit Spring Conference June 10-11 in Washington, D.C.

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