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Senate Finance Committee Chairman’s Mark Preserves PABs, Housing Credit

Published on November 10, 2017 by Garth Rieman
Senate Finance Committee Chairman’s Mark Preserves PABs, Housing Credit

The Senate Finance Committee just released its conceptual Chairman’s Mark, its version of tax reform legislation. In a major victory for NCSHA, it preserves both tax-exempt private activity bonds, including single-family and multifamily Housing Bonds, as well as the Low Income Housing Tax Credit. The Committee also released a revenue estimate on the budgetary impact of the Mark and a summary of its policy highlights.

NCSHA will continue to analyze the bill and provide further reports on it and the process moving forward.

 

 

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