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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Historic Revitalization Tax Credit – Substantial Rehabilitation – Threshold Amount
Sponsored by
Delegates Carr and Lehman
Status
In the House - Hearing 1/26 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Altering the definition of "substantial rehabilitation" for purposes of eligibility for the historic revitalization tax credit program by reducing the threshold amount from $5,000 to $2,500 for certain homeowners who receive the State homeowners' property tax credit during a certain period of time; and applying the Act to all taxable years beginning after December 31, 2021.
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2022
Legislation History
Chamber
House
Calendar Date
1/13/2022
Legislative Date
1/13/2022
Action
First Reading Ways and Means
Proceedings
Chamber
House
Calendar Date
1/13/2022
Legislative Date
1/13/2022
Action
Hearing 1/26 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 1/13/2022 1/13/2022 First Reading Ways and Means
House 1/13/2022 1/13/2022 Hearing 1/26 at 1:00 p.m.
Text - First - Historic Revitalization Tax Credit – Substantial Rehabilitation – Threshold Amount
Last Updated: 7/8/2022 2:11 PM
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