Comments: NY A05760 | 2019-2020 | General Assembly

Bill Title: Relates to the rehabilitation of historic properties tax credit; provides that small projects of five million dollars or less are entitled to 110% of the amount of credit allowed the taxpayer under the internal revenue code; provides that a taxpayer is permitted to transfer such credit one time; and provides that the term qualified historic home includes a certified historic structure located in a city with a population of less than 1,000,000 with a poverty rate greater than 15% in the 2017 American community survey.

Spectrum: Slight Partisan Bill (Democrat 9-3)

Status: (Introduced) 2019-02-15 - referred to ways and means [A05760 Detail]

Text: Latest bill text (Introduced) [HTML]

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