summary
Introduced
08/03/2017
08/03/2017
In Committee
08/03/2017
08/03/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Amending the historic rehabilitation tax credit
AI Summary
This bill amends the historic rehabilitation tax credit by extending the sunset date of the credit from 2022 to 2027 and increasing the annual cap on the credit from $50 million to $60 million. The historic rehabilitation tax credit is a tax incentive program that encourages the preservation and restoration of historic buildings by providing a credit against state income taxes for a portion of the costs of such projects.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Last Action
No further action taken (on 01/01/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H3858 |
| Bill | https://malegislature.gov/Bills/190/H3858.pdf |
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