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Bill > S1905


MA S1905

Extending the historic rehabilitation tax credit program


summary

Introduced
03/29/2021
In Committee
04/07/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to extend the historic rehabilitation tax credit program. Revenue.

AI Summary

This bill extends the historic rehabilitation tax credit program in Massachusetts. Specifically, it extends the program's sunset date from 2022 to 2027 and increases the annual cap on total tax credits from $55 million to $65 million. The historic rehabilitation tax credit program provides tax credits to property owners who rehabilitate certified historic structures, encouraging the preservation of historic buildings in the state.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Accompanied a study order, see H5279 (on 10/06/2022)

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