The Department may pursue methods of enhancing the efficiency of the District of Columbia low-income housing tax credit program, including,

1. (1) Pursuing opinions from the United States Department of Treasury’s Internal Revenue Service in the form of:

   1. (A) General Counsel memoranda;
   2. (B) Private letter rulings and other notices,:
   3. (C) Rulings; or
   4. (D) Guidelines; and
2. (2) Reviewing other state low-income housing tax programs that have an option for taxpayers to receive such tax credit in the form of a loan generated by transferring the credit to a designated state entity.

History

Feb. 26, 2015, D.C. Law 20-155, § 7142(b), 61 DCR 9990