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5 | 5 | 2023 -- H 6016 | |
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7 | 7 | LC002239 | |
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9 | 9 | S TATE OF RHODE IS LAND | |
10 | 10 | IN GENERAL ASSEMBLY | |
11 | 11 | JANUARY SESSION, A.D. 2023 | |
12 | 12 | ____________ | |
13 | 13 | ||
14 | 14 | A N A C T | |
15 | 15 | RELATING TO TAXATION -- HISTORIC PRESERVATION TAX CRE DITS 1023 | |
16 | 16 | Introduced By: Representatives Speakman, Donovan, Ajello, Kislak, Cortvriend, and | |
17 | 17 | Spears | |
18 | 18 | Date Introduced: March 01, 2023 | |
19 | 19 | Referred To: House Finance | |
20 | 20 | ||
21 | 21 | ||
22 | 22 | It is enacted by the General Assembly as follows: | |
23 | 23 | SECTION 1. Section 44-33.6-11 of the General Laws in Chapter 44-33.6 entitled "Historic 1 | |
24 | 24 | Preservation Tax Credits 2013" is hereby amended to read as follows: 2 | |
25 | 25 | 44-33.6-11. Sunset. 3 | |
26 | 26 | No credits shall be authorized to be reserved pursuant to this chapter on or after June 30, 4 | |
27 | 27 | 2023 June 30, 2024, or upon the exhaustion of the maximum aggregate credits, whichever comes 5 | |
28 | 28 | first. 6 | |
29 | 29 | SECTION 2. This act shall take effect upon passage. 7 | |
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31 | 31 | LC002239 | |
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34 | 34 | ||
35 | 35 | LC002239 - Page 2 of 2 | |
36 | 36 | EXPLANATION | |
37 | 37 | BY THE LEGISLATIVE COUNCIL | |
38 | 38 | OF | |
39 | 39 | A N A C T | |
40 | 40 | RELATING TO TAXATION -- HISTORIC PRESERVATION TAX CREDITS 1023 | |
41 | 41 | *** | |
42 | 42 | This act would extend the historic tax credit to June 30, 2024. 1 | |
43 | 43 | This act would take effect upon passage. 2 | |
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45 | 45 | LC002239 | |
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