Aug. 13, 2024: How Legislation Could Enhance the HTC, NMTC, OZ and Private Activity Bonds
Update: 2024-08-13
Description
On July 30, 2024, the Senate Finance Committee invited four financial experts to testify at the Tax Tools for Local Economic Development hearing, including Tax Credit Tuesday host and Novogradac managing partner, Michael Novogradac, CPA. In this 76-minute episode of Tax Credit Tuesday, Novogradac is joined by Novogradac partners John DeJovine, CPA, Brad Elphick, CPA, and Jason Watkins, CPA, to expand upon issues and questions discussed during the Senate hearing regarding the historic tax credit (HTC), new markets tax credit (NMTC) and the opportunity zones (OZ) incentive. The group discusses the legislative outlook for the various incentives, how the economic development tools can be combined with other incentives and issues specific to each incentive.
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