Center on Budget and Policy Priorities

Mansion

Home Ownership Subsidy Takes a $250,000 Hit in Final Version of Tax Bill

The current mortgage interest deduction is $1 million. The House version of the tax bill called for a $500,000 cap while the Senate left it untouched. They split the difference and capped it at $750,000. Congress is expected to pass H.R. 1 this week

December 20, 2017 - The New York Times

California

California's Record Fuel Taxes Hike Passes Legislature in One Day

On April 6, the Senate and Assembly passed a comprehensive transportation funding package that it had been unable to do for years, thanks to much deal-making by Gov. Jerry Brown. The gas tax will increase by 12 cents per gallon on November 1.

April 9, 2017 - Planetizen

House and Senate Republicans Differ on Must-Pass Transportation Funding Bills

The House passed their patch bill on July 15—it's now the Senate's turn at bat on highway funding. Both houses are controlled by Republicans but they appear to be pitching for different teams. A bill must pass by July 31 or road funding ceases.

July 20, 2015 - New York Times

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