Bill

Bill > A06097


NY A06097

NY A06097
Alters the definition of a qualified historic home for the purposes of the historic homeownership rehabilitation credit.


summary

Introduced
02/28/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to the definition of qualified historic home for the purposes of the historic homeownership rehabilitation credit The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1

AI Summary

This bill alters the definition of a "qualified historic home" for the purposes of the historic homeownership rehabilitation credit in New York state. Specifically, it removes the requirement that the qualified historic home be located in a targeted area residence or a census tract at or below the state median family income. The bill aims to expand the eligibility for the historic homeownership rehabilitation credit by broadening the definition of a qualified historic home.

Committee Categories

Budget and Finance

Sponsors (16)

Last Action

held for consideration in ways and means (on 07/17/2020)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...