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GOP Vote to Support LIHTC

Ways and Means Republicans Vote to Support LIHTC

WASHINGTON–Dec. 16, 2016–Republican members of the House Ways and Means Committee agreed this week to keep the low-income housing tax credit (LIHTC) during upcoming comprehensive tax reform, according to a report from the National Association of Home Builders. The blog report says lawmakers met earlier this week and that Ways and Means Republicans also supported a move to lower corporate tax rates. The 115th Congress will open Jan. 3, 2017, and tax reform is expected to be among its highest priorities.

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