TrafficCourt

The Senate Version

The Senate is now discussing the bailout. They've added something like 300 pages of tax breaks and credits.

There may be, however, a bunch of provisions in this version that the commercial real estate industry will like, including sections on how to treat losses and damages resulting from natural disasters and credits for adopting green building standards.

I'm not sure what that has to do with the bailout and getting credit flowing again, but it should make some people happy anyway.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish