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Bill > A05385


NY A05385

NY A05385
Relates to the definition of qualified historic home for the purposes of the historic homeownership rehabilitation credit; adds cities with a population of less than one million with a poverty rate of greater than 25% in the federal census of 2010 to the definition of qualified historic home as an alternative to such home being located in a targeted area residence or within a certain census tract.


summary

Introduced
02/11/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

Relates to the definition of qualified historic home for the purposes of the historic homeownership rehabilitation credit; adds cities with a population of less than one million with a poverty rate of greater than 25% in the federal census of 2010 to the definition of qualified historic home as an alternative to such home being located in a targeted area residence or within a certain census tract.

AI Summary

This bill amends the definition of "qualified historic home" for the purposes of the historic homeownership rehabilitation credit. It adds cities with a population of less than one million and a poverty rate greater than 25% in the 2010 federal census as an alternative to the existing criteria of being located in a targeted area residence or within a certain census tract.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

referred to ways and means (on 01/08/2020)

bill text


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