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Representative Danny K. Davis Introduces Legislation to Spur Economic Development in Real Estate
Washington, D.C. - March 16, 2010 - (RealEstateRama) -- On March 12, 2010 Congressman Danny K. Davis (D-IL), along with Representatives Peter Roskam (R-IL) and Patrick Tiberi (R-OH) introduced, H.R. 4839, a bill that will enhance economic development in underserved areas. The bill will modify Section 118(a) of the federal tax code to reflect the increased use of partnerships or Limited Liability Corporations (LLCs), an exemption already provided to corporations
Davis Supports Extension of Unemployment Benefits, Home Buyer Credit and Small Business Net Operating...
November 6, 2009 - (RealEstateRama) -- Congressman Danny K. Davis (D-IL07) today spoke out for, and voted in favor of, extending Unemployment Benefits, the Home Buyer Credit and a Small Business Net Operating Loss Carryback. The vote today approved amendments added by the Senate to the legislation passed by the House of Representatives six weeks ago. The legislation is expected to be signed by President Obama tomorrow. The provisions of the bill include the following.