Scott C. Frissell

Scott Frissell concentrates his practice in the areas of municipal and governmental law, financing and tax matters, including property tax related matters. Mr. Frissell also provides counsel and representation in tax credit transactions, including New Markets Tax Credit (NMTC) and Low-Income Housing Tax Credit (LIHTC) transactions.

Prior to joining Krieg DeVault, Mr. Frissell gained additional professional experience through various positions held at Katz, Sapper & Miller LLP, Eli Lilly and Company, Cummins, Inc., Rubin & Levin P.C., and the Indiana Board of Tax Review.

Representative Experience

• Acted as tax credit equity investor’s counsel for Low Income Housing Tax Credit (LIHTC) projects, including those subsided with tax-exempt bond financing.
• Represented a Community Development Entity (CDE) in closing multiple New Markets Tax Credit transactions.
• Represented non-profit entities in matters relating to formation and governance, as well as applying for recognition of federal tax-exempt status.
• Represented nonprofit entities with obtaining multi-million dollar property tax exemptions.
• Advised cities, towns, redevelopment commissions and other governmental entities in all facets of governmental law.
• Advised and assisted companies in obtaining state incentives.

Professional Associations

• Indiana State Bar Association, Member
• Indianapolis Bar Association, Member
• American Bar Association, Member
• National Association of Bond Lawyers, Member

Seminars and Presentations

• Presenter, "Practical Tax Law: Speed Dating with Taxes – Nonprofit Tax," Indiana Continuing Legal Education Forum (ICLEF), 2019.

Publications

• Co-Author, "IRS Provides Further Temporary Relief for LIHTC Projects Due to COVID-19," January 20, 2021
• Co-Author, "New Markets Tax Credit and Low-Income Housing Tax Credit Provisions Included in End-of-Year Coronavirus Relief Package," December 29, 2020
• Co-Author, "IRS Provides Temporary Relief for LIHTC Projects Due to COVID-19," July 14, 2020
• Co-Author, "IRS Postpones Time-Sensitive Deadlines for New Markets Tax Credit Investments and Expenditures," June 15, 2020
• Co-Author, "In Response to COVID-19, IRS Extends Safe Harbors for Renewable Energy Tax Credit Projects," June 2, 2020
• Author, "State Board of Accounts Provides Guidance for COVID-19 Expenditures," April 1, 2020
• Co-Author, "Governor Holcomb Extends Property Tax Exemption Deadline to June 30," March 26, 2020
• Co-Author, "April 1 Property Tax Exemption Application Deadline Still Looms," March 25, 2020

Certifications

• Legal Lean Sigma® White Belt

Education

• J.D., summa cum laude, Indiana University Robert H. McKinney School of Law, Indianapolis, Indiana, 2018
  
  • Indiana Law Review
    • Volume 49 (2015-2016): Student Note Candidate
    • Volume 50 (2016-2017): Associate Editor
  • Graduate Certificate in Corporate and Commercial Law
• B.S. in Accounting and Finance, Indiana University Kelley School of Business, Indianapolis, Indiana, 2014

Bar & Court Admissions

• Indiana (2018)
• U.S. District Court for the Northern District of Indiana (2018)
• U.S. District Court for the Southern District of Indiana (2018)

Practices

• Economic Development
• Municipal and Governmental Law
• New Markets Tax Credits
• Nonprofit and Exempt Organizations
• Public and Municipal Finance
• Tax

Industries

• Government