PACE Loan Industry Gets Rough Questions Over Biden-Era CFPB RuleA Biden-era Consumer Financial Protection Bureau rule applying mortgage-like disclosure requirements to state-backed energy efficiency loans appeared safe after a federal appeals court appeared skeptical of industry arguments seeking to overturn it.Bloomberg Tax News5d agoWhole story →PlanetBuildcfpb rule appeal
California Enacts Omnibus Housing Legislation, Includes Tax Related ProvisionsThe California Governor signed a Housing omnibus bill. The law includes making conforming changes to provisions in federal H.R. 1, also known as the One Big Beautiful Bill Act, concerning ...Bloomberg Tax News11d agoWhole story →EconomyBuildHR 1california housing bill signing
IRS Publishes Notice Requesting Comments for Opportunity Zone Implementation Following OBBBA AmendmentsThe IRS published a notice requesting additional comments on guidance under I.R.C. §1400Z-2 following amendments to the qualified opportunity zone rules made by the One Big Beautiful Bill Act (OBBBA). ...Bloomberg Tax News12d agoWhole story →BuildEconomyopportunity zone rule update
IRS Issues Revenue Ruling on Applicable Federal Rates for October 2026The IRS issued a revenue ruling providing prescribed federal rates for October 2026. The ruling provides the short-, mid-, and long-term applicable federal rates under I.R.C. §1274, including annual AFRs ...Bloomberg Tax News17d agoWhole story →BuildEconomyirs revenue ruling
House GOP Nixes Gas Tax Holiday Vote After Intraparty DiscordThe House won’t vote on a bill to suspend the gas tax this week because “a big cross section of members” disagree on how best to address the high cost of fuel, Speaker Mike Johnson told Bloomberg Government on Wednesday.Bloomberg Tax News19d agoWhole story →BuildEconomyMike Johnsongas tax holiday vote
The Hedge Fund Veteran Betting Big on the Politics of AbundanceLess than two days before a decision on the most significant US housing legislation in decades, Derek Kaufman resisted celebrating. Steeped in minutiae, he’d worked behind the scenes to help get the bill through Congress. Now he was repeatedly refreshing his news feed to see if President Donald Trump would sign it, veto it or simply allow it to become…Bloomberg Tax News21d agoWhole story →SecurityBuildhousing legislation deadline
NYC Pied-a-Terre Tax Reignites Fight to Overhaul Property TaxesNew York City’s tax on luxury second homes is giving city lawmakers new leverage to pursue an overhaul of its property tax system that elected officials acknowledge is outdated, but are loath to take up.Bloomberg Tax News27d agoWhole story →BuildEconomynyc property tax overhaul