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SB 708 - This act extends the sunset from December 2013 to December 2016 on the section of law that creates the tax credit for certain taxpayers who modify their homes to make them accessible for a disabled resident. Currently, the Rebuilding Communities tax credit program has a ten million dollar annual cap. If there are tax credits remaining under the cap, up to 100,000 dollars of this tax credit cap shall first be used for the residential dwelling accessibility tax credit. This act repeals the requirement that tax credits under the Rebuilding Communities tax credit cap be provided to the residential dwelling accessibility tax credit. This act is identical to HB 1445 (2012), and similar to provisions of SCS/HCS/HBs 1278 & 1152 (2012), SS/SCS/HCS/HB 1865 (2012), and SCS/SB 548 (2012). EMILY KALMER
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