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January 1, 2015
Periodical News Brief

On Nov. 18, Sens. Al Franken, D-Minn.; Rob Portman, R-Ohio; Patty Murray, D-Wash.; and Susan Collins, R-Maine; released a Dear Colleague letter to all Senate offices in support of the Housing for Homeless Students Act of 2014 (S. 2723). ...

March 1, 2015
Periodical News Brief

On Jan. 13, the Internal Revenue Service (IRS) released Notice 2015-04, “Property Qualifying for the Energy Credit under Section 48.” ...

June 1, 2015
Periodical News Brief

The Wisconsin Department of Revenue released Private Letter Ruling W1511005 in April. The ruling involved a nonprofit, non-stock corporation incorporated in Wisconsin. ...

May 1, 2015
Periodical News Brief

North Carolina Senate Bill 372 was signed into law April 30. The bill extends the safe harbor deadline for the state energy investment tax credit (ITC) to Jan. 1, 2017. It was previously Jan. 1, 2016. ...

July 1, 2015
Periodical News Brief

The Office of the Comptroller of the Currency (OCC) released an updated edition of its 2008 Community Developments Insights report, “Historic Tax Credits: Bringing New Life to Older Communities.” ...

August 1, 2015
Periodical News Brief

The Master Limited Partnership Parity Act (S. 1656 and H.R. 2883) was reintroduced June 24 in both the U.S. Senate and House of Representatives. ....

August 1, 2015
Periodical News Brief

Texas Gov. Greg Abbott signed H.B. 3230 into law June 17. The bill amends the determination of eligible costs and expenses for the rehabilitation of historic structures using the state historic tax credit (HTC). ...

Handbooks and Booklets

The 2012 Edition of the Low-Income Housing Tax-Exempt Bond Handbook is a comprehensive, single-volume resource for all the regulations, guidance and legislation on the use of tax-exempt bonds in multifamily housing developments.

September 1, 2015
Periodical News Brief

On June 22, Texas Gov. Greg Abbot signed H.B. 3230 into law. The bill determines the eligible costs and expenses under the franchise tax credit for the rehabilitation of historic structures, stating that under that state historic tax credit (HTC), ...

October 1, 2015
Periodical News Brief

On Aug. 31, Clean Energy States Alliance (CESA) released an informational packet in response to an Internal Revenue Service (IRS) private letter ruling (PLR). PLR 201536017 addresses Internal Revenue Code (IRC) Section 25D ....

December 1, 2015
Periodical News Brief

The Internal Revenue Service (IRS) released Revenue Procedure (Rev. Proc.) 2015-49 Oct. 13. Rev. Proc. 2015-49 provides the amounts of unused 2015 Low-Income Housing Tax Credit (LIHTC) carryovers allocated to qualified states under Section 42 of the Internal Revenue Code (IRC). ...

December 1, 2015
Periodical News Brief

Sen. James Lankford, R-Okla., introduced the PTC Elimination Act (S. 2158) Oct. 7. The bill would amend the Internal Revenue Code of 1986 to repeal the production tax credit (PTC) for wind and other renewable energy sources. The PTC, which expired last December, would have a new sunset date of Dec. 31, 2026 for projects that begin construction by Dec. 31, 2016.