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Bill > S08077
NY S08077
NY S08077Relates to adding certain properties located in a city of one million or more to the definition of a qualified historic home for the historic homeownership rehabilitation credit.
summary
Introduced
03/17/2020
03/17/2020
In Committee
03/17/2020
03/17/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
Relates to adding certain properties located in a city of one million or more to the definition of a qualified historic home for the historic homeownership rehabilitation credit.
AI Summary
This bill amends the definition of a "qualified historic home" for the purposes of the historic homeownership rehabilitation credit to include properties located in a city with a population greater than one million, in a qualifying census tract as of January 1, 2017, and owned by the applicant as of January 1, 2010. The bill also specifies that this change applies to taxable years beginning on and after January 1, 2020.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO BUDGET AND REVENUE (on 03/17/2020)
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