SB 658 - Cierpiot, Mike
Prohibits tax credits for the construction or rehabilitation of residences located in certain distressed areas after August 28, 2022
Bill Details
Sponsor
Cierpiot, Mike
LR Number
3868S.01I
Title
SB 658
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2022
Committee
Current Status
Hearing Cancelled S Economic Development Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 658 - Current law authorizes a tax credit for the construction or rehabilitation of residences located in certain distressed areas. This act provides that no such tax credits shall be authorized for projects that commence on or after August 28, 2022.
This act is identical to SB 110 (2021), is substantially similar to SB 1004 (2020), and is similar to a provision contained in HB 1518 (2020).
JOSH NORBERG