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Senate Bill 0300
ARCHIVE (2008)
Latest Information
| | DIGEST OF INTRODUCED BILL
Historic rehabilitation income tax credit. Provides that the historic rehabilitation income tax credit may be assigned. Provides that the credit may be recaptured from the person who receives the certification or from an assignee to whom the property is transferred. Increases the annual limit of the credit from $450,000 to $2,500,000. Repeals the current provision that defines a taxpayer. |
Current Status:
| | In Committee - first House |
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