SB 944: LOW-INCOME HOUSING TAX CREDIT; EXTENSION; PARTNERS; LIMITED LIABILITY COMPANIES

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)