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Agenda Item

S7.16 16-0654 Subject: Resolution In Support Of AB 71 - Bring California Home Act From: Councilmember Kalb And President Pro Tem Guillén Recommendation: Adopt A Resolution In Support Of Assembly Bill 71 (CHIU) That Would Eliminate State Mortgage Interest Deduction On Vacation Homes And Increase The Low Income Housing Tax Credit By $300 Million Per Year To Fund Affordable Housing