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Conferees trade offers on low-income housing, data-center and film tax credits; disagreement over cap and sunset
Summary
Conferees negotiating Bill 2289 discussed a Senate offer to replace the bill's text with House Bill 2119's low-income housing tax credit language, add SB51 (qualified data centers) and SB52 (film tax credit), and apply a sunset, but did not reach agreement.
Conferees negotiating Bill 2289 discussed a Senate offer to replace the bills current text with House Bill 2119s low-income housing tax credit language, add the contents of SB51 (qualified data centers) and SB52 (film tax credit), and apply a sunset, but did not reach agreement.
A Senate conferee, identified in the meeting transcript as Senator Owens, described the Senates proposal and the fiscal estimate behind part of it. "The amendment that passed, in senate commerce eliminated the 4% program and kept the 9% program of LIHTC," Senator Owens said. "It is estimated based on what has historically been used in that, 9% program that that is about 8,800,000 so that's where…
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