Historic rehabilitation; limits amount of tax credits that may be claimed by each taxpayer. (HB1635)

Introduced By

Del. Rip Sullivan (D-Arlington)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Historic rehabilitation tax credit. Limits the amount of historic rehabilitation tax credits that may be claimed by each taxpayer to $5 million per year, including any amounts carried over from prior taxable years. The limit is in effect for taxable years beginning on and after January 1, 2017. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/04/2017Committee
01/04/2017Prefiled and ordered printed; offered 01/11/17 17101772D
01/04/2017Referred to Committee on Finance
01/14/2017Impact statement from TAX (HB1635)
01/17/2017Assigned Finance sub: Subcommittee #2
01/18/2017Subcommittee recommends laying on the table
02/07/2017Left in Finance

Duplicate Bills

The following bills are identical to this one: SB1034.