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HB 0059 - Income Tax Credits for Certified Historic Structures
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Tracking Level: Neutral
Sponsor: Ron Stephens (R)
Last Action: 3/29/2018 - House Disagreed Senate Amend or Sub
House Committee: Ways & Means
Senate Committee: Finance
Assigned To:
Economic DevelopmentNext Bill
Land Use/ZoningNext Bill
Larry RamseyNext Bill

Staff Analysis of the Legislation

This legislation changes the income tax credit for rehabilitation of historic structures. As amended in the Senate, this bill would increase the maximum the tax credit to $40 million in any year for a certified historic structure. The bill would prohibit the sale or transfer to other parties.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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