Provides for transferable tax credits for the rehabilitation of historic buildings. (BDR 32-297)
Summary
AN ACT relating to taxation; authorizing the Department of Taxation to approve and issue a certificate of transferable tax credits to a person who rehabilitates a historic building in this State under certain circumstances; providing for the calculation of the amount of the transferable tax credits; requiring the Department to provide notice of certain hearings concerning an application for transferable tax credits; requiring a person who rehabilitates a historic building to return any portion of transferable tax credits to which he or she is not entitled; and providing other matters properly relating thereto.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 18, 2019
Last action Jun 4, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Apr 23, 2019
Assembly · Reported by committee
From printer. To engrossment. Engrossed. First reprint. To committee.
Apr 22, 2019
Assembly · Reported by committee
From committee: Amend, and do pass as amended.
Placed on Second Reading File.
Read second time. Amended. (Amend. No. 315.) Rereferred to Committee on Ways and Means. Exemption effective. To printer.
Feb 19, 2019
Assembly · Reported by committee
From printer. To committee.
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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