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State and Local Government Trump Administration Real Estate Development

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (2/12)

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Civic Federation Says Illinois Should Extend Sales Tax to Services to Help Bridge $3B Budget Deficit - “Illinois should extend its sales tax to services like haircuts, dry cleaning and plumbing, the nonpartisan Civic...more

Cozen O'Connor

Pennsylvania Perspective for Monday, January 27, 2025

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Parties Rush to Nominate Candidates for HD-35 Special Election- Democrats and Republicans are quickly selecting nominees for the special election on March 25 to resolve the even split in the Pennsylvania House. Democrats...more

Ballard Spahr LLP

Investment Management Update

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Rewards and Risks in Opportunity Zone Funds - H.R. 1—informally known as the Tax Cuts and Jobs Act—became law on December 22, 2017. Included in the Act is a new program intended to spur the reallocation of investments...more

Ballard Spahr LLP

IRS Designates Remaining Qualified Opportunity Zones

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The IRS has now certified and designated Qualified Opportunity Zones (QOZs) in every state, five possessions, and the District of Columbia....more

Burr & Forman

7 Most Frequently Asked Questions About Opportunity Zones

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Qualified Opportunity Zones were included as part of the Tax Cuts and Jobs Act which became law in December 2017. The zones were originally introduced as the Investing in Opportunity Act sponsored by South Carolina Senator...more

Polsinelli

New Tax Program Incentivizes Long-Term Investment in Distressed Areas

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As part of the major tax reform bill passed in December, the Tax Cuts and Jobs Act of 2017, Congress created a new program to promote long-term investments in low-income areas by providing the opportunity for taxpayers to...more

Ballard Spahr LLP

IRS Announces First Wave of Opportunity Zone Designations

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The IRS inaugurated an exciting new community redevelopment program on April 9 and April 18 when it designated more than 4,800 Qualified Opportunity Zones (QOZs) in 20 states, three possessions, and Puerto Rico....more

Sullivan & Worcester

LIHTC Bulletin

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On Friday, March 23, 2018, the President signed a $1.3 trillion Omnibus Spending bill that had been passed by Congress. Two (2) provisions of the bill are important to those involved in the Low-Income Housing Tax Credit...more

Ballard Spahr LLP

White House Releases New Infrastructure Framework

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On February 12, 2018, the White House released its “Legislative Outline for Rebuilding Infrastructure in America” proposing a legislative framework for the nation’s infrastructure needs. Key components of the proposed...more

Ballard Spahr LLP

Private Activity Bonds Under President Trump's "Legislative Outline for Rebuilding Infrastructure in America"

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The White House released a 53-page framework on Tuesday setting forth its legislative goals for rebuilding America's infrastructure (the Infrastructure Plan)....more

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