March 28, 2017

Published by Michael Novogradac on Tuesday, March 28, 2017 - 1:00pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general section, where he discusses what happened to the Republicans’ high-profile efforts to repeal and replace Obamacare last week and the effect their failure could have on the prospect of comprehensive tax reform. In low-income housing tax credit news, he tells listeners about the introduction of the House version of the Affordable Housing Credit Improvement Act and how it differs from the Senate version of the bill. He also gives an update on legislation in Utah HB 36, which would expand the state low-income housing tax credit. In the historic tax credit section, he shares an update on the Historic Tax Credit Improvement Act cosponsors, including how many of them are on the powerful tax-writing committees in the House and Senate. He closes out with the renewable energy tax credit section where he discusses a state-level bill that extends the popular Massachusetts Solar Renewable Energy Credit 2 program, while a long-term replacement is sought.