Legislation

Title: Historic Revitalization and Enterprise Zone Tax Credits - Alterations and Eligibility
Sponsored by: Delegates Luedtke and Smith
Status: Approved by the Governor - Chapter 449
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Altering certain limitations on a certain credit against the State income tax for certain commercial rehabilitation projects; establishing the Small Commercial Project Trust Account within the Historic Revitalization Tax Credit Reserve Fund; requiring the Governor, in certain fiscal years, to include in the annual State budget an appropriation of at least a certain amount for the Reserve Fund and the Trust Account; altering eligibility for and the calculation of a certain credit against a certain property tax; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: SB0289

Bill File Type: Pre-Filed

Effective Date(s): June 1, 2022

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber House Calendar Date 6/25/2021 Legislative Date 6/25/2021 Action Pre-filed Proceedings
Chamber House Calendar Date 1/12/2022 Legislative Date 1/12/2022 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Historic Revitalization Tax Credit – Funding and Extension Proceedings
Chamber House Calendar Date 1/07/2022 Legislative Date 1/07/2022 Action Hearing 1/26 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/18/2022 Legislative Date 3/18/2022 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/18/2022 Legislative Date 3/12/2022 Action Favorable with Amendments {423029/1 Adopted Proceedings 33 Click to view Recorded Media
Chamber House Calendar Date 3/18/2022 Legislative Date 3/12/2022 Action Second Reading Passed with Amendments Proceedings 33 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Historic Revitalization and Enterprise Zone Tax Credits- Alterations and Eligibility Proceedings
Chamber House Calendar Date 3/21/2022 Legislative Date 3/14/2022 Action Third Reading Passed (123-6) Proceedings 35 Click to view Recorded Media
Chamber Senate Calendar Date 3/21/2022 Legislative Date 3/09/2022 Action Referred Budget and Taxation Proceedings 49 Click to view Recorded Media
Chamber Senate Calendar Date 3/22/2022 Legislative Date 3/22/2022 Action Hearing 3/29 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/06/2022 Legislative Date 4/06/2022 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/06/2022 Legislative Date 3/25/2022 Action Favorable with Amendments {913025/1 Adopted Proceedings 65 Click to view Recorded Media
Chamber Senate Calendar Date 4/06/2022 Legislative Date 3/25/2022 Action Second Reading Passed with Amendments Proceedings 65 Click to view Recorded Media
Chamber Senate Calendar Date 4/07/2022 Legislative Date 3/26/2022 Action Third Reading Passed (47-0) Proceedings 66AClick to view Recorded Media
Chamber House Calendar Date 4/08/2022 Legislative Date 3/31/2022 Action House Refuses Concur Senate Amendments Proceedings 52 Click to view Recorded Media
Chamber House Calendar Date 4/08/2022 Legislative Date 3/31/2022 Action House Requests Senate Recede Proceedings 52 Click to view Recorded Media
Chamber House Calendar Date 4/08/2022 Legislative Date 3/31/2022 Action House Conference Committee Appointed (Delegates Luedtke, Feldmark and Long) Proceedings 52 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2022 Legislative Date 3/29/2022 Action House Refuses Concur Senate Amendments Proceedings 69 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2022 Legislative Date 3/29/2022 Action House Requests Senate Recede Proceedings 69 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2022 Legislative Date 3/29/2022 Action House Conference Committee Appointed (Delegates Luedtke, Feldmark and Long) Proceedings 69 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2022 Legislative Date 3/29/2022 Action Senate Refuses Recede Proceedings 69 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2022 Legislative Date 3/29/2022 Action Senate Conference Committee Appointed (Senators McCray, Guzzone and Eckardt) Proceedings 69 Click to view Recorded Media
Chamber House Calendar Date 4/09/2022 Legislative Date 4/02/2022 Action Senate Refuses Recede Proceedings 54 Click to view Recorded Media
Chamber House Calendar Date 4/09/2022 Legislative Date 4/02/2022 Action Senate Conference Committee Appointed (Senators McCray, Guzzone and Eckardt) Proceedings 54 Click to view Recorded Media
Chamber House Calendar Date 4/09/2022 Legislative Date 4/02/2022 Action Conference Committee Report {703028/1 Adopted Proceedings 54 Click to view Recorded Media
Chamber House Calendar Date 4/09/2022 Legislative Date 4/02/2022 Action Third Reading Passed (132-0) Proceedings 54 Click to view Recorded Media
Chamber Senate Calendar Date 4/11/2022 Legislative Date 3/31/2022 Action Conference Committee Report {703028/1 Adopted Proceedings 71 Click to view Recorded Media
Chamber Senate Calendar Date 4/11/2022 Legislative Date 3/31/2022 Action Third Reading Passed (47-0) Proceedings 71 Click to view Recorded Media
Chamber House Calendar Date 4/11/2022 Legislative Date 4/03/2022 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Historic Revitalization and Enterprise Zone Tax Credits- Alterations and Eligibility Proceedings
Chamber Post Passage Calendar Date 5/16/2022 Legislative Date 5/16/2022 Action Approved by the Governor - Chapter 449 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Historic Revitalization and Enterprise Zone Tax Credits - Alterations and Eligibility Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	6/25/2021	6/25/2021	Pre-filed
House	1/12/2022	1/12/2022	First Reading Ways and Means
			Text - First - Historic Revitalization Tax Credit – Funding and Extension
House	1/07/2022	1/07/2022	Hearing 1/26 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/18/2022	3/18/2022	Favorable with Amendments Report by Ways and Means
House	3/18/2022	3/12/2022	Favorable with Amendments {423029/1 Adopted	33 Click to view Recorded Media
House	3/18/2022	3/12/2022	Second Reading Passed with Amendments	33 Click to view Recorded Media
			Text - Third - Historic Revitalization and Enterprise Zone Tax Credits- Alterations and Eligibility
House	3/21/2022	3/14/2022	Third Reading Passed (123-6)	35 Click to view Recorded Media
Senate	3/21/2022	3/09/2022	Referred Budget and Taxation	49 Click to view Recorded Media
Senate	3/22/2022	3/22/2022	Hearing 3/29 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/06/2022	4/06/2022	Favorable with Amendments Report by Budget and Taxation
Senate	4/06/2022	3/25/2022	Favorable with Amendments {913025/1 Adopted	65 Click to view Recorded Media
Senate	4/06/2022	3/25/2022	Second Reading Passed with Amendments	65 Click to view Recorded Media
Senate	4/07/2022	3/26/2022	Third Reading Passed (47-0)	66AClick to view Recorded Media
House	4/08/2022	3/31/2022	House Refuses Concur Senate Amendments	52 Click to view Recorded Media
House	4/08/2022	3/31/2022	House Requests Senate Recede	52 Click to view Recorded Media
House	4/08/2022	3/31/2022	House Conference Committee Appointed (Delegates Luedtke, Feldmark and Long)	52 Click to view Recorded Media
Senate	4/09/2022	3/29/2022	House Refuses Concur Senate Amendments	69 Click to view Recorded Media
Senate	4/09/2022	3/29/2022	House Requests Senate Recede	69 Click to view Recorded Media
Senate	4/09/2022	3/29/2022	House Conference Committee Appointed (Delegates Luedtke, Feldmark and Long)	69 Click to view Recorded Media
Senate	4/09/2022	3/29/2022	Senate Refuses Recede	69 Click to view Recorded Media
Senate	4/09/2022	3/29/2022	Senate Conference Committee Appointed (Senators McCray, Guzzone and Eckardt)	69 Click to view Recorded Media
House	4/09/2022	4/02/2022	Senate Refuses Recede	54 Click to view Recorded Media
House	4/09/2022	4/02/2022	Senate Conference Committee Appointed (Senators McCray, Guzzone and Eckardt)	54 Click to view Recorded Media
House	4/09/2022	4/02/2022	Conference Committee Report {703028/1 Adopted	54 Click to view Recorded Media
House	4/09/2022	4/02/2022	Third Reading Passed (132-0)	54 Click to view Recorded Media
Senate	4/11/2022	3/31/2022	Conference Committee Report {703028/1 Adopted	71 Click to view Recorded Media
Senate	4/11/2022	3/31/2022	Third Reading Passed (47-0)	71 Click to view Recorded Media
House	4/11/2022	4/03/2022	Passed Enrolled
			Text - Enrolled - Historic Revitalization and Enterprise Zone Tax Credits- Alterations and Eligibility
Post Passage	5/16/2022	5/16/2022	Approved by the Governor - Chapter 449
			Text - Chapter - Historic Revitalization and Enterprise Zone Tax Credits - Alterations and Eligibility

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