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2005 SESSION

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HB 2459 Income tax, state; credit for restoration of a historic presidental home.

Introduced by: R. Lee Ware, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Matching grants for the material restoration of a presidential home.  Provides that certain material restoration work (i) that restores a historic home of a President of the United States located in Orange County to within the period of significance stated in the National Historic Landmark individual designation of such home and (ii) that is consistent with "The Secretary of the Interior's Standards for Restoration" shall be eligible for matching grants from the Commonwealth. The grant match shall equal $0.20 for each $1 in private contributions for the restoration that is actually expended or spent for the restoration work.


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