1997 Regular Session

HOUSE BILL 1263

CHAPTER NUMBER: 731 File Code: Miscellaneous
Sponsored By:
Delegates Bonsack, C. Davis, McClenahan, McKee, and Hurson
Entitled:
Heritage Structure Rehabilitation Tax Credit

Synopsis:

Increasing from 10% to 15% the percentage of a taxpayer's qualified rehabilitation expenditures that may be claimed as a tax credit for a certified rehabilitation of a certified heritage structure; and applying the Act to tax years after 1997.

Legislative History

House Action
2/14
First Reading Ways and Means
2/19
Hearing 3/4 at 1:00 p.m.
3/18
Favorable with Amendments Report by Ways and Means
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (136-1)
4/3
Returned Passed
5/22
Signed by the Governor Chapter 731
Senate Action
3/24
First Reading Budget and Taxation
3/26
Hearing 3/31 at 1:00 p.m.
4/5
Favorable Report by Budget and Taxation
Favorable Report Adopted
Second Reading Passed
4/6
Third Reading Passed (45-0)
Sponsored by:
Delegate Rose Mary Hatem Bonsack, District 34
Delegate Clarence Davis, District 45
Delegate John Adams Hurson, District 18
Delegate Charles A. McClenahan, District 38
Delegate Robert A. McKee, District 2A
Bill indexed under the following Subjects:
HISTORICAL MATTERS
REVENUE AND TAXES -see also specific taxes -
TAX CREDITS
Bill affects the following Statute:
Article - 83B Department of Housing and Community Development
( 5-801 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments:
House
Number: 665438/1 (PDF) Offered on: MARCH 18, 1997 at: 11:04 Status: Adopted