Bill

Bill > S08077


NY S08077

NY S08077
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.


summary

Introduced
03/17/2020
In Committee
03/17/2020
Crossed Over
Passed
Dead
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)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...