Miami-Dade County Commissioners urge Congress to amend tax reform bill
Commissioner Levine Cava says federal tax bill hurts hard working families
MIAMI-DADE – Miami Dade County Commissioners yesterday unanimously passed a resolution urging Congress to amend the federal tax reform legislation and preserve tax credits that help hard working families.
Commissioner Daniella Levine Cava sponsored the resolution calling for amendments to H.R.1 that would preserve private activity bonds used by developers of affordable housing and government owned airports, as well as preserve a variety of tax credits that provide relief for families, small businesses and nonprofit organizations.
“The federal tax reform bill passed the House without any substantial debate or input from the public and removed tax credit programs that are critical for our hard working families,” said Commissioner Levine Cava. “Eliminating a tax credit for developing affordable housing, hurts the middle class and takes our community in the wrong direction.”
Tax exempt housing bonds have been used by the County Housing Finance Authority to construct and preserve some 21,000 affordable rental units in Miami-Dade alone, and helped approximately 12,000 families purchase a home.
H.R. 1 also removes several incentives for reducing our nation’s carbon emissions, as well as protections for non-profits from having to get involved in partisan politics.