ACTION Campaign Submits Comments to Senate Finance Committee

The ACTION Campaign has submitted comments to the Senate Finance Committee in response to Chairman Orrin Hatch’s (R-UT) request for recommendations for creating a simpler and fairer tax system. In particular, he asked for recommendations regarding tax relief for middle-class households, strengthening business, removing impediments and disincentives for savings and investment and updating the nation’s international tax system.

In our comments, we applaud Chairman Hatch and Senator Maria Cantwell (D-WA) for introducing the Affordable Housing Credit Improvement Act (S. 548) to expand and strengthen the Housing Credit, encourage the Senate Finance Committee to advance this critical legislation this year, and urge the Committee to protect both the Housing Credit and multifamily Housing Bonds—a central component of the Housing Credit program—as part of any tax reform effort considered by Congress.

Recommendation letters must be submitted by email to taxreform2017@finance.senate.gov no later than Monday, July 17. We again encourage all ACTION Campaign members to weigh in, and for those have not yet provided comments, we invite you to use language and data from the ACTION Campaign submission.