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Jones Day

JONES DAY TALKS®: Real Assets Roundup Episode 3: One Big Beautiful Bill (OB3)

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The "One Big Beautiful Bill Act" (or OB3), signed into law in July, is overhauling tax policy and investment in real estate, energy and infrastructure. It brings changes to energy tax credits, on-shoring incentives, and real...more

Morris, Manning & Martin, LLP

The One Big Beautiful Bill: What Every Commercial Real Estate Investor Needs to Know

The commercial real estate landscape is undergoing one of its most significant policy overhauls in years. The recently enacted “One Big Beautiful Bill” brings sweeping changes to tax incentives, financing rules, and...more

Williams Mullen

Low-Income Housing Tax Credit Reform: The One Big Beautiful Bill Act’s Effect on Affordable Housing

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On July 3, 2025, the United States House of Representatives passed the final version of the One Big Beautiful Bill Act (the “Act”), which was subsequently signed into law by the President on July 4, 2025. ...more

Pierce Atwood LLP

Congress Establishes Permanent Opportunity Zones

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When Congress enacted the One Big Beautiful Bill Act (the Bill), it permanently established, with some modifications, the federal Opportunity Zone tax incentive program (the OZ Program). Below is a summary of the current OZ...more

DLA Piper

One Big Beautiful Bill Act: Top Points for Real Estate and REITs

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President Donald J. Trump signed the legislation commonly known as the “One Big Beautiful Bill” (Tax Act) into law on July 4, 2025. Below are five key takeaways for sponsors and investors in real estate and real estate...more

Harris Beach Murtha PLLC

President Signs “Big Beautiful Bill” With Significant Housing Credit Expansion

On Friday, July 4th, President Trump signed the “One Big Beautiful Bill Act” (H.R. 1) – a sweeping budget reconciliation package that includes the most substantial expansion of federal affordable housing resources in 25...more

McGuireWoods LLP

Congress Passes One Big Beautiful Bill Act With Impacts on Housing

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On July 3, 2025, the U.S. House of Representatives passed the Senate’s version of the One Big, Beautiful Bill Act, which contains provisions impacting the low-income housing tax credit (LIHTC), opportunity zones (OZs) and...more

Harris Beach Murtha PLLC

LIHTC Provisions Become Permanent in Senate Reconciliation Bill

On July 1, 2025, in a 51-50 vote, the Senate approved its tax reconciliation bill which includes key provisions to expand the low-income housing tax credit (LIHTC). If enacted, these provisions would amount to the largest...more

Herbert Smith Freehills Kramer

Tax Reform Update: Senate Bill Includes Key Win for Condominium Developers

On July 1, the Senate’s version of the “One Big Beautiful Bill” passed the Senate. Such bill included a new provision (not in the House bill) that would provide significant tax relief to condominium developers. The bill...more

Morris, Manning & Martin, LLP

Assessing the Impact of Georgia House Bill 586 on Loan Intangible Taxes

For anyone operating in the commercial real estate sector in Georgia, one of the most impactful legislative developments of 2025 is the enactment of HB 586, which amends the state's intangible recording tax. Historically,...more

Kohrman Jackson & Krantz LLP

Rural Historic Tax Credit Preservation Act Aims to Revitalize Small Markets

Last month, U.S. Senate Energy and Public Works Committee Chairman Shelley Moore Capito (R-WV) and U.S. Senator Mark Warner (D-VA) have reintroduced the bipartisan Rural Historic Tax Credit Preservation Act (S. 631). At a...more

Cozen O'Connor

Cozen Cities – March 5, 2025

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BALTIMORE—City Moves Closer to Creating Consumer Protection Agency -The Baltimore City Council advanced a bill to establish its own consumer protection agency, modeled after similar agencies in nearby Howard and Montgomery...more

Ballard Spahr LLP

Tax Reform – Consolidated Appropriations Act Provides Added Bonus for LIHTC Projects

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On March 23, the President signed the Consolidated Appropriations Act, 2018 (H.R. 1625), a $1.3 trillion dollar spending bill that funds the federal government through September 30, 2018. ...more

Lowndes

Tax Cut and Jobs Act Limits Benefit of Carried Interest

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After many years of being the target of Congress and the IRS, the Tax Cut and Jobs Act finally succeeded in limiting the beneficial tax treatment of carried interests, at least for some taxpayers. This change will be of...more

Pullman & Comley, LLC

Tax Reform Establishes Municipal Opportunity Zones for Investment

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Included in the recently enacted federal tax reform legislation is the Investing in Opportunity Act (the “Act”) which establishes the Opportunity Zones Program (the “Program”). The Program aims to spur private investment in...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review

Chairman Giancarlo Statement on Virtual Currencies - On January 4, 2018, the Commodity Futures Trading Commission (CFTC) Chairman, J. Christopher Giancarlo, issued a statement on virtual currencies. "The CFTC's Market Risk...more

Holland & Knight LLP

U.S. Tax Reform's Main Effects on Real Property Investors and Developers

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President Donald Trump signed the Tax Cuts and Jobs Act into law on December 22, 2017, enacting comprehensive U.S. tax reform with most provisions becoming effective starting on January 1, 2018 (generally until 2025). The...more

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