Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032. Effective 7/1/3000. (HD1)

Statutes affected:
SB944: 235-110.8
SB944 SD1: 235-110.8
SB944 SD2: 235-110.8
SB944 HD1: 235-110.8
Latest: 235-110.8