SB 717 - Kennedy, Harry
Increases the amount of tax credits available for taxpayers who modify their home for disabled persons residing with such taxpayers
Bill Details
Sponsor
Kennedy, Harry
LR Number
3449S.01I
Title
SB 717
House Handler
N/A
Journal Page
N/A
Co-Sponsors
Effective Date
August 28, 2008
Committee
Current Status
S Informal Calendar S Bills for Perfection--SB 717-Kennedy and Shields
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 717 - This act increases the amount of tax credits available for taxpayers who modify their home to be accessible for disabled people who reside with such taxpayer. Under current law, up to one hundred thousand dollars in tax credits remaining unused under the rebuilding communities tax credit program are allocated for use by taxpayers who modify their homes for disabled persons residing with such taxpayers. This act increases the amount of available tax credits by allocating all unused tax credits under the rebuilding communities tax credit program for use by taxpayers who modify their homes for disabled persons residing with such taxpayers. The rebuilding communities tax credit program is capped at ten million dollars annually.
JASON ZAMKUS