2017 -- H 6318 | |
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LC002851 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2017 | |
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A N A C T | |
RELATING TO TAXATION -- HISTORIC PRESERVATION TAX CREDITS 2013 | |
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Introduced By: Representatives Marshall, Edwards, Kennedy, Solomon, and Phillips | |
Date Introduced: June 08, 2017 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 44-33.6-11 of the General Laws in Chapter 44-33.6 entitled |
2 | "Historic Preservation Tax Credits 2013" is hereby repealed. |
3 | 44-33.6-11. Sunset. |
4 | No credits shall be authorized to be reserved pursuant to this chapter on or after June 30, |
5 | 2017, or upon the exhaustion of the maximum aggregate credits, whichever comes first. |
6 | SECTION 2. This act shall take effect upon passage. |
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LC002851 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TAXATION -- HISTORIC PRESERVATION TAX CREDITS 2013 | |
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1 | This act would repeal the sunset provision of chapter 33.6 of title 44 which grants tax |
2 | credits to individuals or companies redeveloping historic structures. |
3 | This act would take effect upon passage. |
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LC002851 | |
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