We are looking at the reliably of the electric grid, with state utility were presented to us. You are watching live coverage on cspan 3. My heart is full of gratitude. That is the thought right now. To all of you, to my colleagues, to the staff, being the chairman of the house and conference committee, is the ultimate thing in congress. This is been the best. We have a whole other year ahead of us. Thank you for your service. [ applause ]. We have a lot of work to do. Go ahead and get started. State utility regulators have challenges. They have affordable electricity. They have this during this congress. They understand what drives the growing reliability crisis. This is from the entire electricity portfolio over an extended period of time. They have different retail choices. We are relying more on transitional organizations. This is due to environmental growing regulations and agencies. Fans will be on foster fuel generation, and market distortions. These factors are contributing to p
The committee will come to order. I want to welcome everybody to todays hearing entitled americas Affordable Housing crisis, challenges and solutions. This is an important issue in this hearing will allow the committee to hear from experienced and welleducated witnesses that can provide more context on Affordable Housing policies and the sections of the tax code with the intent of mitigating this longtime set of problems in our society. As many of you are aware the last time we underwent a National Comprehensive revision of the tax code was in 1986. The passage of the tax reform act, that some Affordable Housing tax incentives were baked into statute with the lowIncome Housing tax credit being chief among them. Since then this important section of the tax code has enjoyed bipartisan support. Still, it is worth examining this particular laws we continue to wrap up our work on tax reform. Throughout todays hearing a one each member to keep in mind some Guiding Principles for tax reform.
The committee will come to order. I want to welcome everybody to todays hearing entitled americas Affordable Housing crisis, challenges and solutions. This is an important issue in this hearing will allow the committee to hear from experienced and welleducated witnesses that can provide more context on Affordable Housing policies and the sections of the tax code with the intent of mitigating this longtime set of problems in our society. As many of you are aware the last time we underwent a National Comprehensive revision of the tax code was in 1986. The passage of the tax reform act, that some Affordable Housing tax incentives were baked into statute with the lowIncome Housing tax credit being chief among them. Since then this important section of the tax code has enjoyed bipartisan support. Still, it is worth examining this particular laws we continue to wrap up our work on tax reform. Throughout todays hearing a one each member to keep in mind some Guiding Principles for tax reform.