Bill

Bill > H6374


RI H6374

RI H6374
Historic Preservation Tax Credits 2013


summary

Introduced
05/05/2023
In Committee
05/05/2023
Crossed Over
Passed
Dead
06/16/2023

Introduced Session

2023 Regular Session

Bill Summary

This act would extend the commencement of substantial construction activities date, completion date or placed in service date, to December 31, 2026 and no project shall be deemed idle between March 9, 2020 and December 31, 2024. This act would take effect upon passage.

AI Summary

This bill extends the commencement of substantial construction activities date, completion date, or placed-in-service date for historic preservation tax credit projects to December 31, 2026, and provides that no such project shall be deemed idle between March 9, 2020 and December 31, 2024 due to the COVID-19 pandemic. The bill takes effect upon passage.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Committee recommended measure be held for further study (on 05/24/2023)

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