SB 701 - Sifton, Scott
Indexes the Historic Preservation tax credit cap to inflation
Bill Details
Sponsor
LR Number
4430S.01I
Title
SB 701
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2018
Committee
Current Status
Hearing Conducted S Economic Development Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 701 - For each fiscal year beginning on or after July 1, 2019, this act provides that the annual cap on the amount of historic preservation tax credits that may be authorized shall be adjusted annually for the percentage increase in inflation.
This act is identical to SB 425 (2017) and is substantially similar to a provision contained in SB 1032 (2018).
JOSHUA NORBERG