Lobbied for enactment of tax incentives to facilitate conversions of underutilized commercial buildings to affordable housing and mix-use developments (H.R.2410, The Revitalizing Downtowns and Main Streets Act). Lobbied to maintain IRS Code Section 1031 like-kind exchanges. Lobbied for extension of 100% bonus depreciation for qualified property placed in service after December 31, 2022. Lobbied to maintain current capital gains tax treatment for carried interest compensation. Lobbied to maintain current deduction for business state and local taxes. Lobbied for increase to the Low-Income Housing Tax Credit. Lobbied to make permanent the IRS Section 199A 20% deduction for small and individually owned businesses. Lobbied to extend deferred gain recognition date in Opportunity Zones program until 2028.
Literal federal measure citations: H.R.2410