Missouri

Missouri

Missouri House Votes on Tax Credit Modifications

The Missouri House of Representatives approved an economic development bill that includes tax credits towards a China trade hub at Lambert-St. Louis International Airport, a corporate income tax reduction from 6.25 percent to 5.5 percent starting in January 2012, and changes to the historic and low-incoming housing tax programs.

Missouri

Missouri House Votes on Tax Credit Modifications

The Missouri House of Representatives approved an economic development bill that includes tax credits towards a China trade hub at Lambert-St. Louis International Airport, a corporate income tax reduction from 6.25 percent to 5.5 percent starting in January 2012, and changes to the historic and low-incoming housing tax programs.

Arkansas

Bill Would Extend Increased Historic Credit for Midwestern Disaster Communities

U.S. Representative Bruce Braley (D-IA) last week introduced the Rebuilding Communities Act (H.R. 2901), which would extend a provision enacted in 2008 that increased the historic tax credit to 26 percent and the rehabilitation tax credit to 13 percent in Midwestern communities affected by natural disasters.

Missouri

Missouri Advances Bill to Modify Tax Credit Programs

Missouri’s state legislature recently advanced a bill that modifies provisions of existing tax credit programs in a manner consistent with the recommendations of the Tax Credit Review Commission and establishes new tax incentive programs.

Missouri

Missouri Considers Plan to Cut Tax Credits

Leaders of the Missouri State House and Senate reached an agreement this week concerning a $1.5 billion economic development and tax credit reform package and Governor Jay Nixon said he will call the legislature back for a special session later this year to consider the package.

Missouri

Missouri Considers Plan to Cut Tax Credits

Leaders of the Missouri State House and Senate reached an agreement this week concerning a $1.5 billion economic development and tax credit reform package and Governor Jay Nixon said he will call the legislature back for a special session later this year to consider the package.

Alabama

Senators Introduce LIHTC Legislation for Disaster Areas

On June 15 Senators Richard Shelby (R-Ala.) has introduced legislation to provide relief to states that suffered damage by the series of tornadoes and flooding that have struck the south east.

Missouri

IRS Issues Notice to allow LIHTC Properties in Missouri to Rent Vacant Units to People Displaced by Recent Flooding

The IRS has issued an administrative notice (Notice 2011-47) that suspends certain requirements under section 42 of the Internal Revenue Code for certain low-income housing credit properties in the United States as a result of the devastation caused by severe storms, tornadoes, and flooding in Missouri beginning on April 19, 2011.

Missouri

Missouri State Senator Introduces Tax Credit Legislation

Missouri State Senator Will Kraus (D-Jackson) recently introduced two senate bills relating to the state’s historic and low-income housing tax credit programs.

Delaware

State Historic Rehabilitation Tax Credit Outlook for 2011

NH&RA Historic Preservation Development Council Member MacRostie Historic Advisors has posted an excellent state historic tax credit update on its website.

Missouri

Missouri State Senator Introduces Tax Credit Bills

Missouri State Senator Jason Crowell (R-Cape Girardeau) recently introduced a series of bills related to the state’s tax credit policies & regulation.

Missouri

Missouri’s New Housing Executive Discusses Changes to State’s Low-Income Housing Initiatives

Margaret Lineberry, Executive Director of Missouri Housing Development Commission (MHDC), shared her ideas for agency and program restructuring at the MHDC Board meeting last Friday.

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