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Aurora staff outlines federal reconciliation changes, opportunity zone timeline and earmark prospects
Summary
City staff summarized proposed federal reconciliation provisions affecting tax credits, Medicaid cost-sharing, SNAP and energy credits and described a possible window for opportunity zone funding and congressional earmarks that could affect Aurora projects.
Laurie, a city staff member, told the Aurora City Council’s legislative committee on federal activity that Congress is moving a budget reconciliation bill that would change a number of tax and spending programs affecting municipalities.
She said the Senate is reviewing differences from the House bill and that the Byrd rule — the Senate’s parliamentary rule limiting reconciliation to budget-related provisions — is shaping what may remain in the package. “The goal is to have a vote on it starting on Wednesday, and they’ll do a vote-o-rama for three days,” Laurie said, adding that leadership hopes the measure will be finished before the July Fourth recess.
The nut of the discussion was how several…
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