Historic rehabilitation; maximum amount of tax credit. (HB2064)

Introduced By

Del. Alfonso Lopez (D-Arlington) with support from co-patrons Del. Patrick Hope (D-Arlington), and Del. Sam Rasoul (D-Roanoke)

Progress

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

Description

Historic rehabilitation tax credit. Increases from $5 million to $10 million the maximum amount of the historic rehabilitation tax credit, including amounts carried over from prior taxable years, that may be claimed by a taxpayer in any taxable year beginning in taxable year 2023. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2023Committee
01/10/2023Prefiled and ordered printed; offered 01/11/23 23103136D
01/10/2023Referred to Committee on Finance
01/19/2023Assigned Finance sub: Subcommittee #3
01/26/2023Impact statement from TAX (HB2064)
01/27/2023Subcommittee failed to recommend reporting (4-Y 4-N)
02/07/2023Left in Finance