Legislative & Policy

Tax Relief for American Families and Workers Act of 2024 Fails in the Senate

8.1.24

Legislation Unlikely to Pass in Current Congress

Today, the Senate failed to advance H.R. 7024, The Tax Relief for American Families and Workers Act of 2024. With a final vote of 48-44, the Senate needed a three-fifths majority, or 60 votes, to end debate (a procedure known as cloture) and bring the legislation to an immediate vote on the Senate floor.  

ACTION ALERT: TAX BILL EXPANDING HOUSING CREDIT HEADED TO SENATE FLOOR

7.31.24

Bill Restores Increase in 9 Percent Housing Authority Credit and Lowers Bond-financing Threshold for 4 Percent Housing Credit

Yesterday, July 29,  Senate Majority Leader Chuck Schumer (D-NY) filed a cloture motion that enables H.R. 7024, the Tax Relief for American Families and Workers Act, to be brought to the Senate floor for a vote this Thursday, August 1.

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