2022 -- H 7754

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LC005265

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2022

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A N   A C T

RELATING TO TAXATION -- HISTORIC PRESERVATION TAX CREDITS 2013

     

     Introduced By: Representatives Donovan, Speakman, Ajello, Carson, and O'Brien

     Date Introduced: March 02, 2022

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

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     SECTION 1. Section 44-33.6-11 of the General Laws in Chapter 44-33.6 entitled "Historic

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Preservation Tax Credits 2013" is hereby amended to read as follows:

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     44-33.6-11. Sunset.

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     No credits shall be authorized to be reserved pursuant to this chapter on or after June 30,

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2022 June 30, 2023, or upon the exhaustion of the maximum aggregate credits, whichever comes

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first.

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     SECTION 2. This act shall take effect upon passage.

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LC005265

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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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     This act would extend the expiration of the Historic Preservation Tax Credits program from

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June 30, 2022 to June 30, 2023.

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     This act would take effect upon passage.

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LC005265

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