Tax Reform 2.0 Package Lacks LIHTC Changes

The House Ways & Means Committee Chair Kevin Brady (R-TX) recently introduced a follow-up to the Tax Cuts and Jobs Act. Three bills constitute Republicans’ Tax Reform 2.0 package and primarily lock in individual and small business tax cuts made in the legislation passed in December 2017, and reform savings- and education-related tax provisions. The measures as introduced do not make any changes to the LIHTC.