SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2017 SESSION

  • | print version

HB 2460 Historic rehabilitation; limits amount of tax credits that may be claimed by each taxpayer.

Introduced by: Robert S. Bloxom, Jr. | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Historic rehabilitation tax credit. Limits the amount of historic rehabilitation tax credits that may be claimed by each taxpayer to $5 million per year, including any amounts carried over from prior taxable years, for taxable years beginning on and after January 1, 2017, but before January 1, 2019. This bill is identical to SB 1034.

SUMMARY AS INTRODUCED:

Historic rehabilitation tax credit. Limits the amount of historic rehabilitation tax credits that may be claimed by each taxpayer to $5 million per year, including any amounts carried over from prior taxable years. The limit is in effect for taxable years beginning on and after January 1, 2017.