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HB2705

Historic rehabilitation; limit on tax credit that may be claimed.

Status:
Enacted

Chief Patron:
Rob Bloxom, Jr (R)

Session:
2019 Regular Session

Summary

As Introduced. Historic rehabilitation tax credit.

Provides that the $5 million per year limit on the amount of historic rehabilitation tax credit that may be claimed by each taxpayer, which currently expires on January 1, 2019, shall apply to all future taxable years.
  • Bill History

  • 01/15/2019 - House: Presented and ordered printed 19104391D
  • 01/15/2019 - House: Referred to Committee on Finance
  • 01/19/2019 - House: Impact statement from TAX (HB2705)
  • 01/21/2019 - House: Reported from Finance (20-Y 2-N)
  • 01/23/2019 - House: Read first time
  • 01/24/2019 - House: Read second time and engrossed
  • 01/25/2019 - House: Read third time and passed House (94-Y 2-N 1-A)
  • 01/25/2019 - House: VOTE: PASSAGE (94-Y 2-N 1-A)
  • 01/28/2019 - Senate: Constitutional reading dispensed
  • 01/28/2019 - Senate: Referred to Committee on Finance
  • 02/05/2019 - Senate: Reported from Finance (12-Y 0-N)
  • 02/06/2019 - Senate: Constitutional reading dispensed (39-Y 0-N)
  • 02/07/2019 - Senate: Read third time
  • 02/07/2019 - Senate: Passed Senate (25-Y 15-N)   Close Floor Vote
  • 02/11/2019 - House: Enrolled
  • 02/11/2019 - House: Bill text as passed House and Senate (HB2705ER)
  • 02/11/2019 - House: Signed by Speaker
  • 02/11/2019 - Senate: Signed by President
  • 02/12/2019 - House: Enrolled Bill communicated to Governor on February 12, 2019
  • 02/12/2019 - Governor: Governor's Action Deadline Midnight, February 19, 2019
  • 02/15/2019 - House: Impact statement from TAX (HB2705ER)
  • 02/15/2019 - Governor: Approved by Governor-Chapter 25 (effective 7/1/19)
  • 02/15/2019 - Governor: Acts of Assembly Chapter text (CHAP0025)