Well… we still have no omnibus, but we now have a five-day continuing resolution (CR) that will expire on this upcoming Wednesday, December 16. The Senate approved the CR by a quick voice vote yesterday and the House did the same earlier today. So once again, the countdown is on.
As last-minute negotiations on a package to finalize spending for FY 2016 and tax extenders falter, the newly-elected House Ways and Means Chairman Kevin Brady (R-Texas) last night filed a straight two-year tax extenders bill that includes the 9 percent Low Income Housing Tax Credit (LIHTC).
Triennial recertification of tenants on fixed incomes will officially become law today! The Fixing America’s Surface Transportation (FAST) Act (HR 22) was approved by Congress yesterday and the President is expected to sign it today.