Iran’s central bank has filed a petition with the U.S. Supreme Court seeking to overturn a lower court ruling that would have transferred Iranian funds to the U.S. and made them potentially available for awards to victims of terrorism.
At issue is the legal interpretation of the Foreign Sovereign Immunities Act. A new brief from the Congressional Research Service provides background on the matter. See Iran’s Central Bank Asks Supreme Court to Consider Whether the Bank’s Assets Abroad are Immune from Attachment to Satisfy Terror Judgments by Jennifer K. Elsea, CRS Legal Sidebar, May 30, 2018.
Other new publications from the Congressional Research Service include the following.
Sidewalks, Streets, and Tweets: Is Twitter a Public Forum?, CRS Legal Sidebar, May 30, 2018
(Robo)Call Me Maybe: Robocalls to Wireless Phones Under the Telephone Consumer Protection Act, CRS Legal Sidebar, May 29, 2018
The Role of the Office of National Drug Control Policy (ONDCP), CRS Insight, June 1, 2018
The House Journal: Origin, Purpose, and Approval, May 31, 2018
A supply-side tax credit (STC) could offer a tax incentive to material suppliers and professional service consultants that provide goods or services to affordable housing projects.
The Department of Housing and Urban Development (HUD), Department of Commerce, and Department of Transportation should jointly develop and manage a data resource—a Housing Production Dashboard—to track housing production within and across states.
Exempting affordable housing from volume caps would address the underlying issue and have the greatest impact in this housing emergency.
To increase the supply of affordable homes, Congress should make greater investments in the National Housing Trust Fund (HTF).