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April 2, 2020
Periodical News Brief

The Maryland Department of Commerce updated its list of enterprise zones Feb. 1. Businesses located in these zones can qualify for enterprise zone program tax credits for job creation and investments. There are 37 enterprise zones.

March 6, 2020
Periodical News Brief

Legislation was introduced Jan. 14 in the New Jersey state Senate to create a 25 percent state historic tax credit (HTC) for homeowners and business owners. S. 412 would create a business owner HTC that would be taken against the corporation or business tax or insurance premium tax liabilities.

March 4, 2020
News

Wisconsin Gov. Tony Evers signed legislation this week to allow state taxpayers to double the state income and franchise tax exclusion treatments for capital gains invested in Wisconsin-centered qualified opportunity funds (QOFs), defined as QOFs that hold at least 90 percent of assets in Wisconsin opportunity zones projects.

March 3, 2020
Periodical News Brief

Michigan Gov. Gretchen Whitmer signed a bill Jan. 24 that will increase the Michigan neighborhood zone enterprise tax credit. Under S.B. 319, homes in eligible distressed communities that are worth up to $120,000 per housing unit are now eligible for the credit.

February 18, 2020
Podcast

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.

January 28, 2020
Podcast

Infrastructure Proposals; Opportunity Zones Re-Designation Legislation; CRA Reform; New York Trial Court Ruling; Hawaii S.B. 2970; Colorado LIHTC Partnerships PLR; Hawaii H.B. 2039.