Legislation - SB0946

Altering the definition of "qualified rehabilitation expenditure", for purposes of the Historic Revitalization Tax Credit, to repeal the exclusion of expenditures for a certain rehabilitation that is otherwise funded, financed, or reimbursed by certain State or local expenditures; altering the definition of "substantial rehabilitation" to extend the period during which certain expenditures must occur; expanding certain competitive award criteria for commercial projects; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2026

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber Senate Calendar Date 2/06/2026 Legislative Date 2/06/2026 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/11/2026 Legislative Date 2/11/2026 Action Hearing 3/05 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Historic Revitalization Tax Credit - Alterations Proceedings
Chamber Senate Calendar Date 2/17/2026 Legislative Date 2/17/2026 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/17/2026 Legislative Date 2/17/2026 Action Hearing 3/11 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/06/2026	2/06/2026	First Reading Budget and Taxation
Senate	2/11/2026	2/11/2026	Hearing 3/05 at 1:30 p.m.
			Text - First - Historic Revitalization Tax Credit - Alterations
Senate	2/17/2026	2/17/2026	Hearing canceled
Senate	2/17/2026	2/17/2026	Hearing 3/11 at 1:00 p.m.

File Code

Subjects

Statutes