New Markets Tax Credit Extension Act of 2023
Legislative Progress
Introduced
February 2, 2023
Latest Action
April 16, 2024
Primary Sponsor
Benjamin L. CardinDemocratic(MD)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
98pct
439d open
vs 5,649 other S bills in the 118th — cohort avg 33d
No CRS summary is available for this bill yet. The source title, actions, sponsors, and text versions below come from Congress.gov.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (11)
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2026 · third_quarter · Taxation/Internal Revenue Code
Issues related to permanency for H.R. 2539/S. 234 - New Markets Tax Credit Extension Act of 2023 (118th Congress); Issues related to the implementation of the One Big Beautiful Bill Act (P.L. 119-21).
Client expense: Not reported · Firm income: $90,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2026 · second_quarter · Taxation/Internal Revenue Code
Issues related to permanency for H.R. 2539/S. 234 - New Markets Tax Credit Extension Act of 2023 (118th Congress); Issues related to the implementation of the One Big Beautiful Bill Act (P.L. 119-21).
Client expense: Not reported · Firm income: $90,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2026 · first_quarter · Taxation/Internal Revenue Code
Issues related to permanency for H.R. 2539/S. 234 - New Markets Tax Credit Extension Act of 2023 (118th Congress); Issues related to the implementation of the One Big Beautiful Bill Act (P.L. 119-21).
Client expense: Not reported · Firm income: $90,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · fourth_quarter · Taxation/Internal Revenue Code
Issues related to permanency for H.R. 2539/S. 234 - New Markets Tax Credit Extension Act of 2023 (118th Congress); Issues related to the implementation of the One Big Beautiful Bill Act (P.L. 119-21).
Client expense: Not reported · Firm income: $90,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
Support permanency for H.R. 2539/S. 234 - New Markets Tax Credit Extension Act of 2023.
Client expense: Not reported · Firm income: $90,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
| Republican |
| MS |
| Deb Fischer | Republican | NE |
| Jeanne Shaheen | Democratic | NH |
| Jerry Moran | Republican | KS |
| John Boozman | Republican | AR |
| Kyrsten Sinema | Independent | AZ |
| Lindsey Graham | Republican | SC |
| Maria Cantwell | Democratic | WA |
| Mark Kelly | Democratic | AZ |
| Mark R. Warner | Democratic | VA |
| Marsha Blackburn | Republican | TN |
| Pete Ricketts | Republican | NE |
| Peter Welch | Democratic | VT |
| Robert Menendez | Democratic | NJ |
| Robert P. Casey, Jr. | Democratic | PA |
| Roger F. Wicker | Republican | MS |
| Sherrod Brown | Democratic | OH |
| Steve Daines | Republican | MT |
| Tim Scott | Republican | SC |
2025 · first_quarter · Taxation/Internal Revenue Code
Support permanency for H.R. 2539/S. 234 - New Markets Tax Credit Extension Act of 2023 (118th Congress); H.R. 5026/S. 1455 - The Rural Jobs Act (118th Congress); Implementation of allocation rounds.
Client expense: Not reported · Firm income: $90,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · fourth_quarter · Taxation/Internal Revenue Code
S.234/H.R. 2539 New Markets Tax Credit Extension Act of 2023 - This bill makes the new markets tax credit permanent. It also modifies the credit to (1) provide for an inflation adjustment to the limitation amount for the credit after 2018, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2018). S. 1455 The Rural Jobs Act This bill would allocate an additional $500 million in NMTC allocations for each of the next two years and target that increase specifically to rural communities, persistent poverty counties, and high migration counties. S.2963 - Community Development Investment Tax Credit Act of 2023 -This bill allows investors a business-related tax credit for investment in a Community Development Financial Institution (CDFI). The applicable percentage of such credit is 3% for the first 10 years of investment in a CDFI with a 1% increase after the initial credit allowance date and for investments without a fixed term or duration.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
S.234 New Markets Tax Credit Extension Act of 2023; H.R. 2539 New Markets Tax Credit Extension Act of 2023; H.R. 5026/S. 1455 Rural Jobs Act
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Support permanency for H.R. 2539/S. 234 - New Markets Tax Credit Extension Act of 2023; H.R. 5026/S. 1455 - The Rural Jobs Act; Implementation of allocation rounds.
Client expense: Not reported · Firm income: $90,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Credit Union Tax and Charter Issues S.657 & H.R.3940, Neighborhood Homes Investment Act S.234 & H.R.2539, New Markets Tax Credit Extension Act H.R.1010, The Prohibiting IRS Financial Surveillance Act S.453, The Prohibiting IRS Financial Surveillance Act IRS implementation of the Taxpayer First Act of 2019 relating to IVES H.R.4055, To amend the Internal Revenue Code of 1986 to exclude interest on loans by depository institutions to qualified opportunity zone businesses from gross income, and for other purposes H.R.3938, Build It In America Act S.2693, Community Development Financial Institution Tax Credit Act of 2023 Tax Cuts and Jobs Act Program Extensions H.R.7024, Tax Relief for American Families and Workers Act of 2024 H.R.3335, IRS eIVES Modernization and Anti-Fraud Act of 2023 H.R. 3800 Chronic Disease Flexible Coverage Act 199A Deduction for Qualified Business Income Federal Corporate Tax Rate Opposition to a National Bank Tax
Client expense: $1,570,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · fourth_quarter · Taxation/Internal Revenue Code
- FY 2025 Appropriations; Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program; Affirmatively Furthering Fair Housing (AFFH) - Enact Fair Housing Policies; Homeowners Assistance Fund (HAF) - Emergency Rental Assistance (ERA) - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - Inflation Reduction Act - HUD Green and Resilient Retrofit Program - New Markets Tax Credit Extension Act (S.234/H.R. 2539) - Decent, Affordable, Safe Housing (DASH) for All Act (S.680) - Neighborhood Homes Investment Act (S.657) - Build America, Buy America (BABA) - FTC Impersonation Fraud Rulemaking - The Affordable Housing Credit Improvement Act (AHCIA) - Stop Predatory Investment Act (S.2224) - Greenhouse Gas Reduction Fund (GGRF) - HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 3793/H.R. 7075) - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · fourth_quarter · Budget/Appropriations
- FY 2025 Appropriations; Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Affirmatively Furthering Fair Housing (AFFH) - Enact Fair Housing Policies - Homeowners Assistance Fund (HAF) - Emergency Rental Assistance (ERA) - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - Inflation Reduction Act - HUD Green and Resilient Retrofit Program - New Markets Tax Credit Extension Act (S.234/H.R. 2539) - Decent, Affordable, Safe Housing (DASH) for All Act (S.680) - Neighborhood Homes Investment Act (S.657) - Build America, Buy America (BABA) - FTC Impersonation Fraud Rulemaking - The Affordable Housing Credit Improvement Act (AHCIA) - Stop Predatory Investment Act (S.2224) - Greenhouse Gas Reduction Fund (GGRF) - HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 3793/H.R. 7075) - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of
2024 · fourth_quarter · Housing
- 2025 Appropriations; Down Payment Assistance Program; Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Affirmatively Furthering Fair Housing (AFFH) - Enact Fair Housing Policies - Homeowners Assistance Fund (HAF) - Emergency Rental Assistance (ERA) - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - Inflation Reduction Act - HUD Green and Resilient Retrofit Program - New Markets Tax Credit Extension Act (S.234/H.R. 2539) - Decent, Affordable, Safe Housing (DASH) for All Act (S.680) - Neighborhood Homes Investment Act (S.657) - Build America, Buy America (BABA) - FTC Impersonation Fraud Rulemaking - The Affordable Housing Credit Improvement Act (AHCIA) - Stop Predatory Investment Act (S.2224) - Greenhouse Gas Reduction Fund (GGRF) - HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 3793/H.R. 7075) - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) - Federal Housing Administration (FHA) and U.S. Department of the Treasury Federal Financing Bank (FFB) Risk Share Program - Build America, Buy America (BABA)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of
2024 · fourth_quarter · Taxation/Internal Revenue Code
PL 115-97 Tax Cuts and Jobs Act - amendments to the IRC and other changes PL 117-169 Inflation Reduction Act - amendments to the IRC and other changes HR 25 Fair Tax Act - imposes a national sales tax on the use or consumption in the United States of taxable property or services in lieu of the current income taxes S 234 New Markets Tax Credit Extension Act - makes the new markets tax credit permanent S 866 American Innovation and Jobs Act - enhance tax benefits for research activities HR 2811 Limit, Save, and Grow Act of 2023 - bill increases the federal debt limit and decreases spending HR 2673/S 866American Innovation and R&D Competitiveness Act of 2023 -- eliminates the five-year amortization requirement for research and experimental expenditures HR 3936 Tax Cuts for Working Families Act -- rename the standard deduction the guaranteed deduction, and to add a bonus amount to the guaranteed deduction HR 3937 Small Business Jobs Act -- to promote the establishment and growth of small businesses HR 3938 Build It In America Act --amend the Internal Revenue Code of 1986 to encourage economic growth HR 5707 Secure Family Futures Act of 2023--to apply ordinary tax treatment to certain investments S.470 Secure Family Futures Act of 2024--to apply ordinary tax treatment to certain investments
Client expense: $580,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · fourth_quarter · Taxation/Internal Revenue Code
Issues affecting the New Markets Tax Credit, including S.234 - New Markets Tax Credit Extension Act
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
S. 234/ H.R. 2539 - New Markets Tax Credit Extension Act of 2023 S. 1557 / H.R. 3238 - Affordable Housing Credit Improvement Act of 2023 S. 657 / H.R. 3940 - Neighborhood Homes Investment Act (NHIA) of 2023 S. 680 - Decent, Affordable, Safe Housing for All (DASH) Act of 2023 H.R. 6650/S.2963 - Community Development Investment Tax Credit of 2023 H.R. 9267/S.4933 - Preserving Rural Housing Investments Act H.R. 7024 - Tax Relief for American Families and Workers Act of 2024 H.R. 3940 - Neighborhood Homes Investment Act (NHIA) of 2023 H.R. 3238 - Affordable Housing Credit Improvement Act of 2023 -S. 4980 - Creating Opportunities for New Skills Training at Rural and Underserved Colleges and Trade Schools (CONSTRUCTS) Act
Client expense: $58,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Housing
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · fourth_quarter · Economics/Economic Development
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · fourth_quarter · Real Estate/Land Use/Conservation
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · fourth_quarter · Accounting
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · fourth_quarter · Urban Development/Municipalities
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
S.234/H.R. 2539 New Markets Tax Credit Extension Act of 2023 - This bill makes the new markets tax credit permanent. It also modifies the credit to (1) provide for an inflation adjustment to the limitation amount for the credit after 2018, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2018). S. 1455 The Rural Jobs Act This bill would allocate an additional $500 million in NMTC allocations for each of the next two years and target that increase specifically to rural communities, persistent poverty counties, and high migration counties. S.2963 - Community Development Investment Tax Credit Act of 2023 -This bill allows investors a business-related tax credit for investment in a Community Development Financial Institution (CDFI). The applicable percentage of such credit is 3% for the first 10 years of investment in a CDFI with a 1% increase after the initial credit allowance date and for investments without a fixed term or duration.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
S.234 New Markets Tax Credit Extension Act of 2023; H.R. 2539 New Markets Tax Credit Extension Act of 2023; H.R. 5026/S. 1455 Rural Jobs Act
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
Credit Union Tax and Charter Issues S.657 & H.R.3940, Neighborhood Homes Investment Act S.234 & H.R.2539, New Markets Tax Credit Extension Act H.R.1010, The Prohibiting IRS Financial Surveillance Act S.453, The Prohibiting IRS Financial Surveillance Act IRS implementation of the Taxpayer First Act of 2019 relating to IVES H.R.4055, To amend the Internal Revenue Code of 1986 to exclude interest on loans by depository institutions to qualified opportunity zone businesses from gross income, and for other purposes H.R.3938, Build It In America Act S.2693, Community Development Financial Institution Tax Credit Act of 2023 Tax Cuts and Jobs Act Program Extensions H.R.7024, Tax Relief for American Families and Workers Act of 2024 H.R.3335, IRS eIVES Modernization and Anti-Fraud Act of 2023 H.R. 3800 Chronic Disease Flexible Coverage Act
Client expense: $1,760,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · third_quarter · Taxation/Internal Revenue Code
Support permanency for H.R. 2539/S. 234 - New Markets Tax Credit Extension Act of 2023; H.R. 5026/S. 1455 - The Rural Jobs Act; Implementation of allocation rounds.
Client expense: Not reported · Firm income: $90,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
S. 234/ H.R. 2539 - New Markets Tax Credit Extension Act of 2023 S. 1557 / H.R. 3238 - Affordable Housing Credit Improvement Act of 2023 S. 657 / H.R. 3940 - Neighborhood Homes Investment Act (NHIA) of 2023 S. 680 - Decent, Affordable, Safe Housing for All (DASH) Act of 2023 H.R. 6650/S.2963 - Community Development Investment Tax Credit of 2023 H.R. 9267/S.4933 - Preserving Rural Housing Investments Act H.R. 7024 - Tax Relief for American Families and Workers Act of 2024
Client expense: $59,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
- FY 2025 Appropriations; Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program; Affirmatively Furthering Fair Housing (AFFH) - Enact Fair Housing Policies; Homeowners Assistance Fund (HAF) - Emergency Rental Assistance (ERA) - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - Inflation Reduction Act - HUD Green and Resilient Retrofit Program - New Markets Tax Credit Extension Act (S.234/H.R. 2539) - Decent, Affordable, Safe Housing (DASH) for All Act (S.680) - Neighborhood Homes Investment Act (S.657) - Build America, Buy America (BABA) - FTC Impersonation Fraud Rulemaking - The Affordable Housing Credit Improvement Act (AHCIA) - Stop Predatory Investment Act (S.2224) - Greenhouse Gas Reduction Fund (GGRF) - HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 3793/H.R. 7075) - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · third_quarter · Budget/Appropriations
- FY 2025 Appropriations; Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Affirmatively Furthering Fair Housing (AFFH) - Enact Fair Housing Policies - Homeowners Assistance Fund (HAF) - Emergency Rental Assistance (ERA) - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - Inflation Reduction Act - HUD Green and Resilient Retrofit Program - New Markets Tax Credit Extension Act (S.234/H.R. 2539) - Decent, Affordable, Safe Housing (DASH) for All Act (S.680) - Neighborhood Homes Investment Act (S.657) - Build America, Buy America (BABA) - FTC Impersonation Fraud Rulemaking - The Affordable Housing Credit Improvement Act (AHCIA) - Stop Predatory Investment Act (S.2224) - Greenhouse Gas Reduction Fund (GGRF) - HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 3793/H.R. 7075) - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of
2024 · third_quarter · Housing
- 2025 Appropriations; Down Payment Assistance Program; Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Affirmatively Furthering Fair Housing (AFFH) - Enact Fair Housing Policies - Homeowners Assistance Fund (HAF) - Emergency Rental Assistance (ERA) - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - Inflation Reduction Act - HUD Green and Resilient Retrofit Program - New Markets Tax Credit Extension Act (S.234/H.R. 2539) - Decent, Affordable, Safe Housing (DASH) for All Act (S.680) - Neighborhood Homes Investment Act (S.657) - Build America, Buy America (BABA) - FTC Impersonation Fraud Rulemaking - The Affordable Housing Credit Improvement Act (AHCIA) - Stop Predatory Investment Act (S.2224) - Greenhouse Gas Reduction Fund (GGRF) - HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 3793/H.R. 7075) - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) - Federal Housing Administration (FHA) and U.S. Department of the Treasury Federal Financing Bank (FFB) Risk Share Program - Build America, Buy America (BABA)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of
2024 · third_quarter · Taxation/Internal Revenue Code
PL 115-97 Tax Cuts and Jobs Act - amendments to the IRC and other changes PL 117-169 Inflation Reduction Act - amendments to the IRC and other changes HR 25 Fair Tax Act - imposes a national sales tax on the use or consumption in the United States of taxable property or services in lieu of the current income taxes S 234 New Markets Tax Credit Extension Act - makes the new markets tax credit permanent S 866 American Innovation and Jobs Act - enhance tax benefits for research activities HR 2811 Limit, Save, and Grow Act of 2023 - bill increases the federal debt limit and decreases spending HR 2673/S 866American Innovation and R&D Competitiveness Act of 2023 -- eliminates the five-year amortization requirement for research and experimental expenditures HR 3936 Tax Cuts for Working Families Act -- rename the standard deduction the guaranteed deduction, and to add a bonus amount to the guaranteed deduction HR 3937 Small Business Jobs Act -- to promote the establishment and growth of small businesses HR 3938 Build It In America Act --amend the Internal Revenue Code of 1986 to encourage economic growth HR 5707 Secure Family Futures Act of 2023--to apply ordinary tax treatment to certain investments S.470 Secure Family Futures Act of 2024--to apply ordinary tax treatment to certain investments
Client expense: $700,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · third_quarter · Taxation/Internal Revenue Code
Issues affecting the New Markets Tax Credit, including S.234 - New Markets Tax Credit Extension Act
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES
2024 · third_quarter · Economics/Economic Development
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · third_quarter · Urban Development/Municipalities
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · third_quarter · Housing
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · third_quarter · Real Estate/Land Use/Conservation
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · third_quarter · Accounting
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. We have also discussed, referenced and monitored H.R. 9002; Revitalizing Downtowns and Main Streets Act and discussed/explored ways to rehabilitate underutilized historic buildings into housing and discussed possible legislation to improve smaller main street scale rehabilitation projects. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $20,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · second_quarter · Taxation/Internal Revenue Code
S.234/H.R. 2539 New Markets Tax Credit Extension Act of 2023 - This bill makes the new markets tax credit permanent. It also modifies the credit to (1) provide for an inflation adjustment to the limitation amount for the credit after 2018, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2018). S. 1455 The Rural Jobs Act This bill would allocate an additional $500 million in NMTC allocations for each of the next two years and target that increase specifically to rural communities, persistent poverty counties, and high migration counties. S.2963 - Community Development Investment Tax Credit Act of 2023 -This bill allows investors a business-related tax credit for investment in a Community Development Financial Institution (CDFI). The applicable percentage of such credit is 3% for the first 10 years of investment in a CDFI with a 1% increase after the initial credit allowance date and for investments without a fixed term or duration.
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · second_quarter · Real Estate/Land Use/Conservation
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · second_quarter · Accounting
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · second_quarter · Urban Development/Municipalities
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit project approval process more user-friendly and streamlined.
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · second_quarter · Economics/Economic Development
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · second_quarter · Taxation/Internal Revenue Code
Educates members of Congress and staff on how the national interest is served by IRC section 47, which provides incentives for real estate developers to rehabilitate certified historic properties. We discuss and encourage support for H.R.1785 the Historic Tax Credit Growth and Opportunity Act (HTC-GO) which outlines ways to improve the historic tax credit (HTC) and the Senate version of the legislation, S.639. We discuss how the provisions will help assist in revitalizing our communities. The bill would bring more value to the HTC and more investment to historic rehabilitation projects. The House (HTC-GO) bill would provide temporary relief to address present industry challenges. We request congressional support and promote the benefits of HTC-GO provisions moving tax legislation or in year-end legislation. Educates members of Congress and staff on impact of New Markets Tax Credit (NMTC) related bills that would make the in NMTC permanent, including the New Markets Tax Credit Extension Act of 2023 (H.R. 2539/S.234), and bills that would bring more NMTC investment to economically distressed areas. We request congressional support and promote the benefits of New Markets Tax Credits related provisions in moving tax legislation or year-end legislation. Meets with National Park Service staff to discuss challenges related to the historic rehab industry and give recommendations to make the historic tax credit approval process more user-friendly and streamlined.
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Natl Park Service (NPS), SENATE
2024 · second_quarter · Taxation/Internal Revenue Code
S.234 New Markets Tax Credit Extension Act of 2023; H.R. 2539 New Markets Tax Credit Extension Act of 2023; H.R. 5026/S. 1455 Rural Jobs Act
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · second_quarter · Taxation/Internal Revenue Code
Credit Union Tax and Charter Issues S. 657 & H.R. 3940, Neighborhood Homes Investment Act S. 234 & H.R. 2539, New Markets Tax Credit Extension Act H.R. 1010, The Prohibiting IRS Financial Surveillance Act S. 453, The Prohibiting IRS Financial Surveillance Act IRS implementation of the Taxpayer First Act of 2019 relating to IVES H.R. 4055, To amend the Internal Revenue Code of 1986 to exclude interest on loans by depository institutions to qualified opportunity zone businesses from gross income, and for other purposes H.R. 3938, Build It In America Act S. 2693,c Community Development Financial Institution Tax Credit Act of 2023 Tax Cuts and Jobs Act Program Extensions H.R. 7024, Tax Relief for American Families and Workers Act of 2024 H.R. 3335, IRS eIVES Modernization and Anti-Fraud Act of 2023
Client expense: $1,490,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · second_quarter · Taxation/Internal Revenue Code
PL 115-97 Tax Cuts and Jobs Act - amendments to the IRC and other changes PL 117-169 Inflation Reduction Act - amendments to the IRC and other changes HR 25 Fair Tax Act - imposes a national sales tax on the use or consumption in the United States of taxable property or services in lieu of the current income taxes S 234 New Markets Tax Credit Extension Act - makes the new markets tax credit permanent S 866 American Innovation and Jobs Act - enhance tax benefits for research activities HR 2811 Limit, Save, and Grow Act of 2023 - bill increases the federal debt limit and decreases spending HR 2673/S 866American Innovation and R&D Competitiveness Act of 2023 -- eliminates the five-year amortization requirement for research and experimental expenditures HR 3936 Tax Cuts for Working Families Act -- rename the standard deduction the guaranteed deduction, and to add a bonus amount to the guaranteed deduction HR 3937 Small Business Jobs Act -- to promote the establishment and growth of small businesses HR 3938 Build It In America Act --amend the Internal Revenue Code of 1986 to encourage economic growth HR 5707 Secure Family Futures Act of 2023--to apply ordinary tax treatment to certain investments
Client expense: $470,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · second_quarter · Housing
- 2025 Appropriations; Down Payment Assistance Program; Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Affirmatively Furthering Fair Housing (AFFH) - Enact Fair Housing Policies - Homeowners Assistance Fund (HAF) - Emergency Rental Assistance (ERA) - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - Inflation Reduction Act - HUD Green and Resilient Retrofit Program - New Markets Tax Credit Extension Act (S.234/H.R. 2539) - Decent, Affordable, Safe Housing (DASH) for All Act (S.680) - Neighborhood Homes Investment Act (S.657) - Build America, Buy America (BABA) - FTC Impersonation Fraud Rulemaking - The Affordable Housing Credit Improvement Act (AHCIA) - Stop Predatory Investment Act (S.2224) - Greenhouse Gas Reduction Fund (GGRF) - HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 3793/H.R. 7075) - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) - Federal Housing Administration (FHA) and U.S. Department of the Treasury Federal Financing Bank (FFB) Risk Share Program - Build America, Buy America (BABA)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of
2024 · second_quarter · Taxation/Internal Revenue Code
- FY 2025 Appropriations; Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program; Affirmatively Furthering Fair Housing (AFFH) - Enact Fair Housing Policies; Homeowners Assistance Fund (HAF) - Emergency Rental Assistance (ERA) - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - Inflation Reduction Act - HUD Green and Resilient Retrofit Program - New Markets Tax Credit Extension Act (S.234/H.R. 2539) - Decent, Affordable, Safe Housing (DASH) for All Act (S.680) - Neighborhood Homes Investment Act (S.657) - Build America, Buy America (BABA) - FTC Impersonation Fraud Rulemaking - The Affordable Housing Credit Improvement Act (AHCIA) - Stop Predatory Investment Act (S.2224) - Greenhouse Gas Reduction Fund (GGRF) - HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 3793/H.R. 7075) - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · second_quarter · Budget/Appropriations
- FY 2025 Appropriations; Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Affirmatively Furthering Fair Housing (AFFH) - Enact Fair Housing Policies - Homeowners Assistance Fund (HAF) - Emergency Rental Assistance (ERA) - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - Inflation Reduction Act - HUD Green and Resilient Retrofit Program - New Markets Tax Credit Extension Act (S.234/H.R. 2539) - Decent, Affordable, Safe Housing (DASH) for All Act (S.680) - Neighborhood Homes Investment Act (S.657) - Build America, Buy America (BABA) - FTC Impersonation Fraud Rulemaking - The Affordable Housing Credit Improvement Act (AHCIA) - Stop Predatory Investment Act (S.2224) - Greenhouse Gas Reduction Fund (GGRF) - HOME Investment Partnerships Program Reauthorization and Improvement Act (S. 3793/H.R. 7075) - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of