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Draft Form 8996 and 8997; Inspiring Nationally Vibrant Economies Sustaining Tribes Act of 2020 (INVEST Act); New Markets Tax Credit QEI Report; Fulfilling the Promise of the Housing Trust Fund Act; U.S. Economic Development Administrations Web-Based Mapping Tool; State Opportunity Zones (OZ) Legislation; State Low-Income Housing Tax Credit (LIHTC) Legislation; State Historic Tax (HTC) Credit Legislation; State Renewable Energy Tax Credits for ITC and PTC.
Moving Forward Framework Infrastructure Reform; Puerto Rico Emergency Supplemental Appropriations (H.R. 5698); CRA Reform Hearing; LIHTC Income Limits for Average Income Test Guidance (Revenue Ruling 2020-04); Novogradac 2020 New Markets Tax Credit Conference; Puerto Rico Draft Opportunity Zones Regulation.
Trump FY 2021 Budget Proposal; Senate Finance Committee 2021 Budget Hearing; HUD Capital Fund Program Awards; Senate Finance Committee Chairman Chuck Grassley Energy Tax Policy Letter; Utah H.B. 299 and Illinois H.B. 4761 State Opportunity Zones Incentives.
Low-Income Housing Tax Credit and Private Activity Bond Allocation Caps for 2020; Affordable Housing Credit Improvement Act Co-sponsors Update; Energy Extenders Amendment (S. 2657) to the American Energy Innovation Act; Timing of California Debt Limit Allocation Committee and California Tax Credit Allocation Committee Applications; Proposed California NMTC (A.B. 3101); Enacted Wisconsin Opportunity Zones Incentive (A.B. 532).
The U.S. Senate today passed legislation that includes free testing for COVID-19 and paid leave benefits for many Americans affected by the pandemic, sending the legislation to President Donald Trump’s desk.